Inside the Fund Manager's Head

Lonza y la próxima ola de soluciones sanitarias

May 5, 2026

Tiempo de lectura: 3:57 mins

John Rae, de Walter Scott, analiza el papel del fabricante subcontratado de medicamentos Lonza en el ecosistema sanitario.

Puntos clave:

El papel de Lonza en el ámbito sanitario es similar al de los fabricantes de chips en la cadena de suministro de semiconductores.
La empresa cuenta con una alta retención de clientes, lo que genera ingresos resilientes.
Está invirtiendo intensamente para respaldar su crecimiento, incluida la construcción de capacidad de fabricación en Estados Unidos.
Walter Scott identifica varias empresas sanitarias de calidad con altos niveles de rentabilidad, generación de caja y bajos niveles de deuda.

3305309 Exp: 7 agosto 2026

Chart of the week | Macroeconómico

Is the job market stabilizing?

After sluggish job growth in 2025, investors are looking for signs that the labor market may be stabilizing. With consumer spending driving 70% of economic activity, an improving labor market is essential to sustaining economic growth.

Renta fija

Building resilience through global short-dated high yield strategies

Insight Investment sees resilience in the global short-dated high yield bond market. Here’s why.

Chart of the week | Macroeconómico

Will markets remain resilient?

Global equities have risen an annualized 11% since 2020 despite repeated shocks, as resilient growth and earnings have helped markets recover from periods of volatility. While the U.S.-Iran conflict poses near-term inflation and growth risks, markets remain constructive as earnings expectations continue to improve.

Chart of the week | Macroeconómico

Earnings breadth still improving

Rising earnings estimates continue to support equities despite geopolitical and macroeconomic uncertainty. With profit growth broadening across S&P 500 industries, resilient corporate earnings underpin our constructive outlook for the stock market.