Photo: Getty ImagesHealthcare remains one of the favourite sectors for investment across the New Zealand and Australian markets, Craigs Investment Partners broker Chris Timms says. There were several high-quality companies to choose from including Ebos Group, Fisher & Paykel Healthcare, Ryman Healthcare and Summerset in New Zealand and, in Australia, CSL Ltd, Ramsay Healthcare and ResMed, he said. As a result, the ageing population was a key driver for the healthcare sector and had in part driven its strong performance in recent years. In addition to the ageing population, there were additional factors supporting long-term earnings growth for healthcare, he said. Of the core healthcare holdings Craigs Investment Partners favours, those with sizeable offshore earnings were FPH, ResMed and Ramsay.

Source: Otago Daily Times December 27, 2017 16:07 UTC