The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Health-Care Funds Stay Strong Amid the Broader Market's Ills Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, February 18, 2009

Health-Care Funds Stay Strong Amid the Broader Market's Ills

by: Armie Margaret Lee

In Wednesday's Wall Street Journal Fund Track, Sam Mamudi zeroes in on health-care funds, which have bested other sector funds so far this year. Health-care funds are up 2.8 percent, making them the only domestic-stock fund sector besides technology in the black.

Mamudi attributes the performance of health-care stocks to a slew of factors including steady demand, solid earnings and expectations of an uptick in M&A action.

The health-care sector has long been considered defensive, but it's noteworthy that the sector has performed well while other traditionally defensive sectors felt the pinch of the broader market downturn, Mamudi writes.

Among those quoted in the article are Dean Kartsonas, who runs the Federated Capital Appreciation Fund; Vijay Shankaran, manager of the Touchstone Healthcare and Biotechnology Fund; Rose Ott, manager of the Alger Health Sciences Fund; Bartlett Geer, manager of the Putnam Equity Income Fund and Morningstar analyst Christopher Davis

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use