BB Healthcare Trust takes advantage of volatility to add to portfolio

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In healthcare, the managers noted that hospitals have been the big winners in terms of positive earnings revisions in the current reporting season, alongside procedural med-tech companies () lamented the “cruel mistress” that is the markets as its shares and net asset value dipped amid a volatile few weeks. In its monthly update for July, the investment trust focused on global healthcare equities reported a NAV of 192.98p, which was down 0.8% over the period though still up 13.5% since the start of 2021. “Whilst the preceding month proved to be a positive one for equities in general and healthcare in particular, it was not so for us as a propitious start to Q2 reporting failed to translate into sustained positive share price performance for our holdings where we again lost ground in a turbulent week of factor-driven volatility. “The Market can be a cruel mistress indeed, but positive fundamentals will only be ignored for so long,” said the investment managers Pa
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