As the most exciting US Presidential race in decades reaches its conclusion, three fund managers from Pioneer Investments give their views on the implications for different asset classes.
Focus on high-quality companies
Provide "genuine diversification" for investors
Trump and Clinton fight for presidency
Consultation ended last month
Stock plummeted after failed drug trial
Healthcare was one sector that did not fully participate in the recent stockmarket rally and finished the first quarter as the worst performer in the S&P 500 index, writes Legg Mason's Evan Bauman.
The pharmaceutical and biotechnology sector has performed well in recent years, primarily by virtue of attractive fundamentals.
John Paulson saw losses over five months