FI&S's Aim trust tech bias

The Aim Trust, managed by Bill Brown, is running with a 70% technology weighting, although the investment trust also has exposure to sectors including leisure and mining. Brown, who is director of Aim equities at Friends Ivory & Sime, said the portfolio did not set out to be a technology fund but that this is where many of the best venture capital style opportunities have been in recent times. He looks for companies where the management teams have a significant stake in the business as well as a clear business plan for growth and how to achieve it. He also looks for competitive advantages...