Business
ASX healthcare shares could outperform in 2021: Fundie
ASX healthcare shares could outperform in 2021, according to the Sydney-based portfolio manager of American Century Investments.
This is despite a drop in healthcare spending this year after many nations, including Australia, postponed non-urgent care due to COVID-19.
The fund manager expects government healthcare spending to increase significantly, as COVID-19 vaccines start to roll out globally and demand for aged care increases over the longer term.
What else did the fundie say
According to American Century Investments’ Michael Li, healthcare stocks have the potential for good relative performance based on short and long-term factors.
He cited a report from the Economist Intelligence Unit, which said that although healthcare…
-
Noosa News18 hours agoMuster Dogs favourite Frank Finger makes final on-screen appearance with kelpie Annie in portrait show
-
General8 hours agoGoldfields man in coma after allegedly smashing head into ambulance windscreen
-
Noosa News18 hours agoWhy commuters are less likely to see familiar strangers on the bus, train or CityCat and why that makes us feel less safe
-
Business16 hours agoShould we be paying more attention to these two rocketing ASX small-cap mining stocks?