healthcare

Rising valuations in healthcare stocks have led to fears of a bubble. Newton's Stephen Rowntree outlines the fundamentals which support valuations.

Newton Investment Management's veteran fund manager Iain Stewart said the past year has been the most difficult period he has experienced in almost three decades in the industry.

Richard Scott, chief investment officer of Hawksmoor, is backing healthcare as a sector to outperform and has added three preferred names to his multi-manager funds.

Healthcare

Polar Capital has hired Deane Donnigan and David Pinniger to work within its healthcare team in an effort to increase the range of the group's products in this area.

Schroders is to change the name of its £74m Medical Discovery fund as it brings the fund in line with competitors.

Investors should snap up bargains in US healthcare, technology and financial stocks which offer better value than any time over the past 60 years, Legg Mason's chief investment officer Sam Peters has said.

THE BIQ QUESTION

Gareth Powell, fund manager - healthcare at Polar Capital, analyses the impact of the Affordable Care Act.

Neil Woodford's £20bn income portfolios are set for a boost after small-cap healthcare stock Proximagen was subject to an agreed bid, at more than twice the share price he paid.