By Robert Stock It could take as much as 15 years for many of the recently de-rated technology comp...
By Robert Stock It could take as much as 15 years for many of the recently de-rated technology companies to reach their pre-March price peaks, according to Simon Roberts, fund manager of the Lazard UK Alpha Fund. Roberts, whose Alpha Fund celebrated its first anniversary on 4 February this year, compares the current situation in much of the technology market to the plight of media companies which peaked in the 1980s. Consequently the fund, which is run as a tight portfolio of around 45 to 50 stocks with an investment process based on ranking stocks within sectors, has been brought back f...
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