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Emerging Markets
Episode 4: Innovation drives strong growth for healthcare in China
Richard Carlyle
Investment Specialist
October 21, 2021

The Chinese health care market - the fastest growing in the world - benefits from the fact that the world's second largest economy is increasingly driven by (technological) innovation. The sector offers significant opportunities for investors, but also carries risks due to ESG issues - especially on the G for governance - and tensions between China and the United States. Richard Carlyle, Equity Investment Director at Capital Group, outlines the potential of the sector as well as the opportunities and risks.


Richard Carlyle is an equity investment director and vehicle portfolio manager at Capital Group. He has 38 years of investment industry experience and has been with Capital Group for 14 years. Prior to joining Capital, he was head of equities for Henderson Investors. Before that, he was a fund manager for Morgan Grenfell Asset Management, a pension fund manager for British Petroleum, and an analyst for Equity & Law Life Assurance Society. He holds a bachelor’s degree in economics with honors from Leicester University. Richard is based in London.

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