Tech stocks moving back too fast

By James Phillipps Jackie Bowie took the helm of Aegon's technology fund on 5 March this year, joining from Murray Johnstone and replacing managers Stuart O'Gorman and Paul Kleiser who joined Hendersons in December. Aegon Technology, previously known as Scottish Equitable Technology, is one of the oldest in the sector having launched in the mid-1980s. It has maintained top quartile performance over three, five and 10 years, and holds a single A ranking from Standard & Poor's. Over the past year, amid market volatility, the fund's performance has slipped to fourth quartile, along wi...