On The Money

Long-term themes good for health and growing wealth

Nov 13, 2025
Jamie Douglas, fund manager of Polar Capital Global Healthcare Trust, dives into the booming healthcare sector driven by ageing populations and innovative companies. He highlights the challenges of rising life expectancy and chronic diseases. Jamie shares insights on investing in various subsectors like diagnostics and devices, and emphasizes the importance of meticulous due diligence and understanding political risks. With a focus on enduring fundamentals, he argues why healthcare is both attractive now and essential for long-term wealth.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Ageing Drives Durable Healthcare Demand

  • Ageing populations drive rising long-term demand for healthcare through more chronic diseases.
  • Demand accelerates after age 75, boosting volume for diagnostics, devices and facilities.
ADVICE

Capture Volume With Subsector Diversification

  • Invest across subsectors that capture volume: diagnostics, distributors, hospitals and medical devices.
  • Use global exposure to access different markets and growth drivers.
ANECDOTE

Real Stock Examples From The Trust

  • The trust holds Exact Sciences for colorectal diagnostics and owns US imaging and hospital operators.
  • Holdings include Exact Sciences, Encompass, Radnet and European hospital group Forzenia SE.
Get the Snipd Podcast app to discover more snips from this episode
Get the app