Nomura AM and American Century Investments launch Advanced Medical Impact fund

Aligned with US SDG three

Lauren Mason
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Michael Li will co-manage the new fund
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Michael Li will co-manage the new fund

Nomura Asset Management and American Century Investments have launched a UCITS fund aiming to invest in healthcare companies providing a positive social impact.

The Dublin-based American Century Advanced Medical Impact UCITS, which is a sub-fund of Nomura Funds Ireland, will actively invest in between 30 and 50 companies offering above-average growth, which also have the ability to create "meaningful social impact" through addressing unmet medical needs. Some 40% of the funds' dividends will be paid towards supporting medical research. The vehicle will be headed up by American Century Investments' portfolio manager Michael Li - a former pharmaceutical research scientist - and co-portfolio manager Henry He. Artificial intelligence in healthcar...

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