High growth and highly cyclical stocks appear equally attractive to many fund managers. Not only is ...
High growth and highly cyclical stocks appear equally attractive to many fund managers. Not only is there the long term bullish tech outlook but cyclicals should be major beneficiaries of the increasingly rosy outlook for the world and European economy. Adrian Paine, chief investment officer for European equities at American Express, says the group's European fund is focused on growth and has a major exposure to technology stocks with 38% of the fund in the area compared to a hybrid benchmark of around 14%. Amex includes telecoms, cable companies, telecom infrastructure and semi-conducto...
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