By Mark Colegate Gartmore believes the market is correct to price in a bright future for the tech, m...
By Mark Colegate Gartmore believes the market is correct to price in a bright future for the tech, media and telecom sectors. The group's UK fund manager Eric Moore said that while these sectors have been strong performers in the past 12 months, they have much further to run and will have a hugely influential impact on the rest of corporate UK. Back in 1990 these sectors made up 15% of the market and that has now risen to 35%. Moore said: "Is it here to stay? Is this a new world? The market says 'yes'." He pointed out that as a by-product old fashioned stocks were in decline. He said a...
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