By Pascal Dowling The diverse nature of the funds in the specialist sector has produced a mixed r...
By Pascal Dowling The diverse nature of the funds in the specialist sector has produced a mixed reaction to turbulent global markets. Falling interest rates have put financials in a strong position since the Fed first cut rates after Christmas, whereas technology funds in the same sector have been badly affected by negative market sentiment. David McCraw, manager of the Edinburgh Financial fund, said current market conditions were the flip side of last year's technology boom. He said: "This time last year, financial stocks were dead dogs, nobody was interested in fuddy-duddy...
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