Healthcare Companies Have Three Reasons to Grow

VIDEO: Pictet's Michael Söjström discusses what impact the US healthcare reform, population aging and emerging markets growth will have on biotech and generics

Fernando Luque 15 March, 2011 | 9:14AM
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Fernando Luque, editor of, a sister site of, talks to Michael Sjöström, manager of the Pictet Biotech and Pictet Generics funds about how the US healthcare reform as well as broader demographic and economic trends could influence investments in healthcare. Healthcare companies grow due to three factors – aging population in developed markets, accumulation of wealth in emerging markets and innovation, says Söjstrom. The biotech and generic segment of the market are influenced to a different degree by these factors, he explains. 


Fernando Luque: Hello, I'm Fernando Luque, Editor for Morningstar and I am joined today by Michael Söjstrom, manager of the Pictet Biotech and also manager of the Pictet Generics. We are going to discuss both funds with Michael. Michael, thank you for being here.

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Fernando Luque

Fernando Luque  is Senior Financial Editor at Morningstar Spain