2002 should offer better opportunities for techs

Many technology fund managers are bracing themselves for a leg down in the technology market in the early part of 2002 as stocks have been bid up too high. Despite that, some are predicting outperformance for tech, media and telecoms against the wider market in the expected cyclical upswing as global growth re-emerges in mid 2002. Jackie Bowie, technology fund manager at Aegon, believes that the volatility of the past two years will give over to smoother sailing. Bowie says: 'The worst of the volatility of tech, media and telecoms is likely now behind us. However, the sector i...