The technology crash served as a reminder that investing in the Aim market is not for the faint-hearted but there are attractive opportunities for the stock-specific investor
The technology boom and bust rollercoaster of recent years has provided a challenging time for all investors, with market volatility and declining valuations constant themes in 2001. Technology stocks continued to suffer through the third quarter of last year, hit by both the global economic slowdown and then by the terrorist atrocities of 11 September. Increased risk aversion led investors to shun the sector, which had all too visible detrimental knock-on effects. However, the US Federal Reserve's aggressive monetary easing policy post-11 September appears to have alleviated fear...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes