Share page with AddThis

News

HSBC GAM recruits sustainable healthcare experts

healthcare_investmentHSBC Global Asset Management (HSBC GAM) has recruited two healthcare experts with the view of launching a sustainable equity fund investing in the sector.

Based in Switzerland, Dr Nathalie Flury and Dr Michael Schröter will co-head the firm’s sustainable healthcare equity team and be responsible for establishing a sustainable healthcare strategy.

 “Past strategies to make healthcare sustainable are struggling to work and we are reaching a tipping point that jeopardises healthcare sustainability,” Flury and Schröter said in a statement.

“Healthcare budget increases beyond GDP growth are unlikely and patients are being increasingly denied treatments because of high costs. Shifting demographics and therapeutic innovation are also increasing the demand for healthcare and innovative therapies which come with increasingly high price tags.”

The strategy will form the basis of a fund investing in healthcare companies in the future. 

Both doctors join from Viopas Partners AG, a Swiss asset manager specializing in sustainable healthcare investments. 

Before joining Viopas, Flury was the portfolio manager for Pictet Asset Management’s health and biotech fund. She has also managed similar funds at GAM and Clariden, also based in Switzerland. 

Schröter’s previous roles include head of personalized reimbursement models at Roche and head of the oncology diagnostic research and development centre at US pharmaceutical Eli Lilly in Singapore.

The proposed fund will invest in a portfolio of companies offering affordable innovation in the healthcare sector, with a focus on good health and wellbeing, the third goal of the UN’s Sustainability Development Goals. 

© 2021 funds europe

Most read features

Cryptocurrencies: Solving crypto’s sustainability problem

Cryptocurrencies like bitcoin have a huge carbon footprint but, as Nicholas Pratt discovers, environmentally friendly alternatives exist.

Roundtable: The digital transformation opportunity

The funds industry is looking at adopting new types of technology, from automation to ESG reporting, blockchain and tokenisation. A FundsTech roundtable in March explored how these will revolutionise the sector.

Proxy voting: Making every vote count

With stewardship more important than ever and digital technology to the fore, surely it is time to solve the problem of proxy voting? Nicholas Pratt investigates.

Interview: Rise of the robo-adviser

FundsTech talks to Nutmeg’s CTO, Matt Gatrell, about the role of technology in its online offering.

Regulation: Panel calls for simplicity in ESG reporting

The industry accepts the need for more rigour in ESG fund reporting, but the work will be pointless if investors don’t understand the end result. Nicholas Pratt reports.

Sponsored Profiles

Data consolidation takes centre stage in asset management M&A

MergersConsolidation between asset management firms is overwhelmingly expected to increase. Operational challenges remain thanks to legacy systems. But in a recent...

Are you being microserved?

As asset managers grapple with new digital technology, FundsTech talks to Calastone’s Adam Belding about the importance of software architecture and the benefits...

Sponsored profile: A question of trust

AcrobatsAs more firms adopt agile software development practices, Petra Roche of Metrosoft explains why trust is so important in making agility work.

Sponsored feature: Compliance and the case for agility

CheetahFundsTech talks to Janusz Lorenc, CEO of Metrosoft, about asset managers’ approach to compliance risk and the case for agile software development.