Fund managers are being more particular in their investments in the technology sector, focusing less...
Fund managers are being more particular in their investments in the technology sector, focusing less on IPOs and dot.coms. David Ballance, head of European equities at Rothschilds Asset Management, says his portfolio is neutral on telecoms because quite a lot of the good news for the sector has been factored into prices. Recent results from Germanys leading telecoms companies did little to encourage his stance. DaimlerChrysler AG and Deutsche Telekom shares fell despite the companies reporting strong first-quarter earnings. Ballance still wants to be overweight in media stocks as he ...
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