Structural tailwinds and sector M&A activity are seen a key drivers for the trust
Investment funds expert Stifel has turned positive on Worldwide Healthcare Trust ( WWH ) , a capital growth-focused pharmaceutical and biotechnology investor. ‘After the market volatility in the fourth quarter of 2018, some investors may be looking to reduce their portfolio cyclicality,’ argues Stifel. ‘Healthcare is one potential area as it is typically viewed as a defensive, non-cyclical industry supported by structural tailwinds.’ Stifel notes that the performance of...