Opinion is divided on whether technology, media and insurance, the three worst performing sectors in...
Opinion is divided on whether technology, media and insurance, the three worst performing sectors in Europe last year, are now providing attractive opportunities for fund managers. Over the calendar year 2002, media stocks returned -47.12%, insurance fell 46.84% and technology dropped 45.99% in a blanket sell-off, providing buying opportunities on a stock specific basis. Raj Shant, head of European equities at Newton Investment Management, has been selectively buying into the technology and insurance sectors, noting technology stocks have now fallen by some 80% from peak to trough, with...
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