2003 was a very strong year for technology stocks, after the cost-cutting and strategy changes of the previous year
The TMT Global sector has undergone an explosively volatile period. Those funds that managed to do well focused on large, blue chip, stable companies. The Close Finsbury Technology Fund came in second over five years. The fund is being sub-advised by technology specialist portfolio managers Reabourne Technology Investment Management. Jeremy Gleeson, senior portfolio manager at Close Finsbury, says: "We look for companies that have good control over financials, as technology is an area that constantly needs capital invested in it to develop new research ideas." blue chip companies Acc...
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