For Institutional Investors in the US

Global Life Sciences

By understanding the science and business of health care, our experienced team seeks to invest in companies addressing unmet medical needs or improving efficiencies.

Overview

ABOUT THIS STRATEGY

We believe in the power of deep, fundamental research to identify life science companies trading at a significant discount to intrinsic value. We feel the quality of our team, the depth of our research and our disciplined long-term approach set us apart in pursuing superior risk-adjusted results for our clients.

INVESTMENT APPROACH

Health Care Expertise: Our domain experts have 95+ years of combined experience investing in the complex and dynamic health care sector. Our team of specialists, which include multiple Ph.D.’s, seek to understand both the science and the business of prospective investments.

Balanced Approach: We diversify the portfolio across market capitalizations, geographies and the primary sub-sectors of health care, including investments in biotechnology, health care services, medical devices and pharmaceuticals.

Integrated Risk Management Process: Security-level “Value at Risk” framework focuses attention on downside risks by limiting the position size of higher-risk stocks.

Featured Insight

Equity Perspectives

Quarterly insight from our equity teams to help clients navigate the markets and opportunities ahead.

PORTFOLIO MANAGEMENT

Andy Acker, CFA

Portfolio Manager

Industry since 1996. Joined Firm in 1999.

Performance

RETURNS (%) (As of 06/30/2022)
Composite Gross Composite Net MSCI World Health Care Index (Gross)
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(01/01/1999)
Composite Gross -8.20 -12.75 -10.43 9.27 10.27 15.93 11.96
Composite Net -8.39 -13.11 -11.15 8.41 9.45 15.13 10.90
MSCI World Health Care Index (Gross) -7.09 -10.06 -1.81 11.58 10.29 12.87 7.27
RETURNS (%) (As of 07/31/2022)
Composite Gross Composite Net MSCI World Health Care Index (Gross)
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(01/01/1999)
Composite Gross 2.17 -9.44 -7.20 10.93 10.86 16.21 12.09
Composite Net 1.97 -9.86 -7.94 10.05 10.03 15.41 11.03
MSCI World Health Care Index (Gross) 0.61 -7.10 -2.24 13.21 10.99 12.99 7.39

Documents