Abrdn World Healthcare Fund (NYSE: THW) is a closed-end investment company that provides investors with diversified exposure to the global healthcare sector. Listed on the New York Stock Exchange, the fund seeks to deliver long-term capital appreciation by investing primarily in equity securities of companies engaged in pharmaceuticals, biotechnology, medical devices, healthcare services and related industries. Managed by the global healthcare equity team at Abrdn plc, the fund leverages the firm’s deep sector expertise and research capabilities to identify innovative businesses and established market leaders in both developed and emerging markets.
The fund’s portfolio spans a broad range of healthcare subsectors, including drug developers, medical equipment manufacturers, health insurers and providers of diagnostics and digital health solutions. By maintaining a flexible investment approach, Abrdn World Healthcare Fund can allocate capital to small- and mid-cap companies alongside large-cap names, enabling participation in growth opportunities at various stages of the healthcare value chain. Geographic diversification is a key tenet of the strategy: while a significant portion of assets is typically allocated to North American issuers, the fund also targets compelling opportunities in Europe, Japan and select emerging markets where structural demographic trends and rising healthcare spending support long-term growth.
Originally organized to give U.S. investors access to a professionally managed pool of global healthcare equities, the fund is domiciled in Guernsey and draws on Abrdn’s worldwide network of analysts and portfolio managers. The investment team’s process combines top-down thematic research—focusing on areas such as aging populations, technological innovation and regulatory shifts—with bottom-up company analysis to construct a high-conviction portfolio. Through regular engagement with company management and ongoing sector monitoring, the fund aims to adjust positioning in response to evolving market dynamics and scientific advancements. Abrdn World Healthcare Fund is overseen by a board of directors based in Guernsey and benefits from the operational infrastructure and risk-management framework of Abrdn plc, a global asset manager with roots dating back to the 19th century.
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