The MSCI World Healthcare Net Return (NR) Index posted a -4.88% loss in October 2020. The MSCI World NR Index was down -3.07%.
Global equity markets remained volatile during the month. The rising number of COVID-19 cases and new containment measures lead to a deja-vu correction in the last few days of October.
Happy Birthday! Our Kieger Impact Healthcare Fund is turning 1! On this occasion, we are proud to share our Kieger AG Impact Healthcare Report, where we highlight the progress achieved during the past year and reflect on what have been unparalleled times.
“Sell in May and go away, but remember to come back in September” ... or perhaps October? Most stock markets reached new highs in early September, with economies have seemingly finally put the pandemic behind. At such a "cruising altitude," small turbulences can lead to serious corrections – and the month certainly offered plenty.