Stockpickers make a killing from technology

Certain investors may not want to hear it, but the best performing stocks during the past 12 months are firmly in the technology camp, and the best performing of all is a pure-bred dot.com. As fund managers scratch their heads over performance tables, and insurers look for ways out of their solvency issues in the face of falling share prices, investors in Lastminute.com are laughing. Since July last year they have seen a return of 186.5% according to a Bloomberg ranking of the best performing techMARK All Share index members. Compare that to the top performing FTSE 100 ...