Manulife launches global healthcare fund

FILE PHOTO: An employee of German biopharmaceutical company CureVac, demonstrates research workflow on a vaccine for the coronavirus (COVID-19) disease at a laboratory in Tuebingen, Germany, March 12, 2020. Picture taken on March 12, 2020. REUTERS/Andreas Gebert/File Photo

KUALA LUMPUR: Manulife Investment Management (M) Bhd has launched the Manulife Global Healthcare Fund to tap into the growing global healthcare industry amid the Covid-19 pandemic and unprecedented market volatility in 2020.

In a statement issued on Wednesday, Manulife IM said the pandemic and market volatility have brought the global healthcare and pharmaceuticals sectors into the limelight, emphasising the importance of medical innovation and long-term investment opportunities the industry could bring.