Édouard Carmignac and the team behind the group's €5bn Investissement fund have retained their strong conviction in 'FANG' stocks and raised the overall technology weighting within the portfolio over the past year, despite widespread valuation concerns about the sector.
Carmignac (pictured) has maintained large positions in Amazon (5.3%), Facebook (4.4%), and Alphabet/Google (4.4%) – three of the four so-called FANGs, alongside Netflix. Total TMT exposure in the global...
Working in London and Geneva
Staunch value investor
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