Sector rotation has emerged as the dominant theme among European fund managers in the Standard & Poo...
Sector rotation has emerged as the dominant theme among European fund managers in the Standard & Poor's Fund Research universe. Its latest report, which confirmed Gartmore Select Opportunities and INVESCO GT European Growth unit trusts in their frAAA rating, found those who picked up on the telecom, media and tech (TMT) sector resurgence in the last quarter of 1999 had produced the highest returns. James Tew, European head of research at S&P, said: "The abruptness and speed of sector rotation in European markets last year resulted in considerable disparity in fund performance. However, o...
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