Nikko AM's Sartori: Why we are taking bullish stance on Asian healthcare

Optimistic on Chinese insurance stocks

Peter Sartori, manager of the recently launched Nikko AM Asia ex-Japan Equity UCITS fund, expects healthcare to grow from the smallest weighting in the MSCI Asia ex-Japan index to one of the largest over the next decade.

The manager has taken a bullish stance on healthcare in his Asia ex-Japan equity strategy for the last two or three years in anticipation of the rise and is currently heavily overweight Hong Kong-listed hospital company Phoenix Healthcare (2.2%) and Indian group Apollo Hospitals (2.6%).  “Healthcare has gone from forming 1% of the index to 2.7% in the last three years, making it the fastest growing sector, and we have been positioning ourselves very much ahead of a continuing rise,” Sartori said. How to benefit from healthcare's 'Copernican' revolution “Healthcare is an industry wi...