Equities

Healthcare was one sector that did not fully participate in the recent stockmarket rally and finished the first quarter as the worst performer in the S&P 500 index, writes Legg Mason's Evan Bauman.

Holds less than 10% in direct China exposure

Offshore version remains open

To remain at firm as partner

Shares dropped 90% since summer

Says they "eat up capital like crazy"

Profit and revenue falls

According to analysis from Trendrating

Follows disappointing earnings

High level data analysis can provide useful flags, but the real challenge is to understand the dynamics and key economic factors to create a much more detailed picture of whether GEMS (or any asset class) offer good value.