HSBC AM launches its first sustainable healthcare fund

Fund will invest in a range of 35-40 companies

HSBC Asset Management has unveiled its first healthcare fund focused on sustainability and impact, with the strategy managed by Nathalie Flury and Michael Schröter, co-heads of Sustainable Healthcare Equity at the firm.

The HSBC GIF Global Equity Sustainable Healthcare fund, which is aligned with UN SDG Goal 3, Good Health & Wellbeing, aims to address the challenge of making healthcare accessible amid growing medical costs. The fund will be fully ESG integrated and invest in a range of 35 to 40 companies with a bias towards mid caps, long-term engagement, low turnover and active management interactions. These companies will have a clinical and cost savings focus, aiming to improve healthcare affordability. There will be no fixed allocations across geographies, sub-subsectors, company stages, and/or prof...