How tech is bucking the global trend

Jeremy Gleeson, portfolio manager at AXA Framlington, explains why interest in the technology sector is gaining pace.

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Jeremy Gleeson, portfolio manager at AXA Framlington, explains why interest in the technology sector is gaining pace.

The global economic recovery that followed the financial crisis of 2008 has been faltering, at least in the UK and the eurozone, and certain emerging markets have slowed faster than others. Although US confidence, supply management and unemployment data have all improved recently, Japan’s devastating earthquake and tsunami in March 2011, as well as political unrest in the Middle East, have caused fluctuating oil and raw material prices. Stock market volatility has also been heightened by the as yet unresolved eurozone sovereign debt crisis, notably for Greece, Portugal and Italy, desp...

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