Portfolio Manager Factsheet
Macro factors for the most part have been driving share prices thus far in 2018; one notable exception to the market volatility in March was Emerging Markets. Alexion Pharmaceuticals sold off despite the company announcing positive Phase III data for their next generation drug for patients with a life-threatening (yet rare) blood disorder.
Worldwide Healthcare Trust PLC conducts its affairs so that its shares can be recommended by independent financial advisers (IFAs) to retail private investors. The shares are excluded from the Financial Conduct Authority's (FCA's) restrictions which apply to non-mainstream investment products because they are shares in a UK-listed investment trust.