The healthcare sector is unique because it offers investors a combination of both defensive and growth characteristics. From a defensive perspective, it benefits from macro-insensitive, inelastic demand as customers will always require healthcare products and services. This is complemented by strong secular tailwinds where demographics meet innovation to present investors with attractive growth opportunities around the world. Technological transformation in healthcare not only encompasses revolutionary advances in medicine but also robotic surgery technologies, the utilisation of big data to improve patient outcomes, and preventative medicine via new diagnostic capabilities. Please join us as Mr Derek Tay from AllianceBernstein sheds light on these opportunities and how to best access the inherent growth and defensive characteristics of the healthcare industry as a long-term investor.