Signs of telecom health

Professional Adviser
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outperformance in Europe will come from niche markets in 2003, suggests SSSB research

Signs of health in the European telecommunications industries are beginning to emerge, according to research by investment bank SchrodersalomonSmithBarney. One segment of the market looking bouyant going into 2003 is the communications test and measurement area. It is in niche markets such as this that fund managers must look in order to outperform their peers, according to SSSB. Other areas of the technology and telecommunications sectors look rather less promising, however, and the investment bank's European technology team said the software rally that has acted as a boost to technolo...

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