Technology funds focused on large, blue chip companies perform best

The TMT Global sector has undergone an explosively volatile period. Those funds that managed to do well focused on large, blue chip, stable companies. The Close Finsbury Technology Fund came in second over five years. The fund is being sub-advised by technology specialist portfolio managers Reabourne Technology Investment Management. Jeremy Gleeson, senior portfolio manager at Close Finsbury, says: "We look for companies that have good control over financials, as technology is an area that constantly needs capital invested in it to develop new research ideas." blue chip companies ...