Gartmore set for launch of UK technology fund

Gartmore Investment Management is to launch a UK technology fund on 8 February run by its small cap managers Gervais Williams and Frank Manduca. Williams is manager of the UK & Irish Smaller Companies unit trust and Manduca runs UK Smaller Companies unit trust. The portfolio is to be benchmarked against the FTSE techMARK 100 index. techMARK is the London Stock Exchange market for technology companies, which was established with a base value of 2,000 on 18 October 1999. The index reached a peak on the 18 January at 4,302 but had fallen back to about 3,800 by last Friday. Some FTSE 100 com...