Continuing their efforts to provide their customers with variety of investment products, Baiduri Capital launched the United Global Healthcare Fund, in partnership with UOB Asset Management Singapore (UOBAM) at the Baiduri Community Space (BCS), Baiduri Bank Headquarters on December 5.
The healthcare industry has been a sector that has had a great impact on the global market due to the pandemic, and now more than ever, the industry has seen rapid development and advancements.
The investment objective of the United Global Healthcare Fund is to achieve a long-term capital growth by investing in securities issued by companies principally involved in the development, production and distribution of products, equipment and services related to healthcare, in any part of the world.
A seminar titled ‘Seeking Long-Term Sustainable Growth in the Global Healthcare Industry’ was conducted by Senior Director of the Intermediary Sales Team at UOBAM Shankar Panchadcharam, who has more than 18 years of experience in the retail investment industry.
The seminar looked at how the healthcare industry, has had to quickly adapt to rapid changes and developments in people’s healthcare needs. This has also opened up investment opportunities in sectors such as medical technology, pharmacy and healthcare services to cater to an increasing global need.
Panchadcharam explained the benefits of investing in the healthcare industry, going in depth about the details of the newly launched fund.
Baiduri Capital General Manager Peng Eng Soon said, “Without a doubt, the healthcare industry has seen tremendous changes this year. There have been new innovations, structural changes, and a new focus on improving the quality of life and healthiness of people.
“This industry also now presents numerous investment opportunities not only in the leading biopharmaceutical companies but also companies in other related sub-sectors such as medical technology and healthcare services.
“At Baiduri Capital, it is our priority to keep our customers up-to-date with new developments in the global market, so that they can seize the growth opportunities given by leveraging on the platform and solutions we provide.”
Also present at the seminar were licensed dealers and senior financial planners of Baiduri Capital.