Chartwell Investment Management says it has found genuine evidence of normality returning to th...
Chartwell Investment Management says it has found genuine evidence of normality returning to the tech market. The assertion is based on discounts Chartwell has noticed returning to certain tech investment trusts. Chartwell points to two trusts in particular, Polar Capital Technology and Finsbury Technology, which are both now trading at discounts. However, during the TMT rally and for the whole of 2000 and a good chunk of 2001, Chartwell noticed that tech investment trusts, particularly Finsbury Tech and Polar Capital Technology (formerly Henderson Global Technology), traded on a ...
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