Paris-based asset manager Skylar has launched Silver Economy, a thematic equity fund focused on the ageing population trend, on 15 December 2016, InvestmentEurope has learned.
The fund, which is a sub-fund of France-domiciled Sicav Skylar n°2, aims to invest at least 75% of its assets in French or foreign companies, in particular these of the healthcare and well-being sectors, that benefit from the ageing population trend.
The strategy combines both top down and bottom-up approaches. The top down view will serve to identify sub-sectors supporting the ageing population trend as well as the geographical areas the team considers have the best potential.
Skylar highlights hospitals, pharmaceutics, medical equipment and biotechs can offer attractive opportunities on the mid-long term.
The bottom-up approach will consist of an in-depth analysis of the companies from the healthcare and well-being sectors and these benefitting from the ageing population trend.