Candriam has added to its $4.5bn healthcare fund range with a strategy focused on the care demands of ageing demographics.
The Candriam Equities L Life Care Fund is a subfund of the Luxembourg SICAV Candriam Equities L, managed out of Luxembourg. This new strategy will invest in a global range of healthcare subsectors, including pharmaceuticals and biotechnology, geared around ageing populations. Candriam acquires Rothschild's alternative multi-asset business In supporting the launch, the firm points to recent data from the UN that predicts that by 2050 there will be over 2.1 billion people aged 60 and over (representing a 100% increase from 2017). The fund will have no specific regional, size or di...
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