How Obamacare is changing corporate strategy

ON HEALTH

President Obama's plans for universal healthcare have been pivotal in driving sector returns over the last year, explains Polar Capital managers Gareth Powell (pictured) and Dan Mahoney.

The healthcare sector has performed extremely well year-to-date, with the biotechnology space being the real highlight. Positive newsflow has continued to show the fundamental improvement across healthcare, which has driven outperformance.  The potential for improving growth rates across the industry on a forward-looking basis should drive increased interest from investors.    We believe valuations on healthcare stocks remain attractive across pharmaceuticals, biotechnology, medical devices and healthcare services, when considered on an absolute, relative and historical metrics. ...