By Jenne Mannion The Duncan Lawrie Smaller Companies fund is heavily overweight in information techn...
By Jenne Mannion The Duncan Lawrie Smaller Companies fund is heavily overweight in information technology companies This reflects the confidence of Richard Power, the investment manager, that this sector will continue to be a strong growth area in the UK Power said that the £6.5m fund had identified these IT-related companies as well positioned to capitalise on the surge in internet usage. The IT sector accounts for 25% of the fund, compared to the FTSE SmallCap index weighting of 6.5 He said: "Smaller companies in these sectors are focusing on delivering niche products and services. De...
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