The high profile IPOs of Facebook and Twitter have put tech stocks in the spotlight once again. Is the sector about to stage a comeback with investors? Paul Burgin takes look.
The pure tech play space is tiny. The Association of Investment Companies' (AIC) two specialist tech sectors have a combined capitalisation of just over £1.3bn, spread between just three investment trusts. The IMA Technology and Telecommunications sector is even smaller at just £900m at the end of September. Investors may have missed a trick. Much of their continued avoidance of tech funds is due to bad experiences during the dotcom bust of 2000/2001, but the tech sector and fund managers have moved on since then. Tech investing today is about delivering results, not about believing the ...
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