Scandinavian markets focused on technology

The traditional sectors of the Scandinavian region, such as forestry, shipping and steel, are now being eclipsed by small cap tech stocks. James Anderson, director, international equities at Deutsche Asset Management says: "Historically there was a lot of family interest in these large, traditional companies but now they have fallen off most people's radar screens." Now much of the region is focused on technology, he says. There are a lot of technology related companies originating in Sweden and Finland, the most of which are small caps. This reflects a very entrepreneurial approach to bu...