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Healthcare plays an important role in the investment fund industry. Rising life expectancy means growing use of health services, while advances in the medical and pharmaceutical fields lead to new drugs and increase costs. At the joint German/ Luxembourg conference on health as an economic factor, held at the Luxembourg Chamber of Commerce, ALFI chairman Claude Kremer (picture) said that healthcare was a very promising industry. At the same time, the chairman of the Luxembourg investment fund association warns against a number of risk factors.
Claude Kremer lists a number of factors that lead to the rising importance of healthcare for the fund sector. Social progress and demographical change both lead to increased use of medication, medical advances lead to the...
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