Porter targets stable growth companies

Alison Porter's Global Technology fund has survived the worst of the downturn by focusing on companies with high cash levels and strong balance sheets

Britannic Global Technology has reached its third birthday, a milestone several of its peers have failed to reach. Indeed, so out of favour has the sector been over the past three years, no new funds have been launched into this space since the Britannic vehicle. The timing of the launch, back in April 2001, was questioned by some, given the technology market peaked in March 2000, but Britannic stressed then, as it continues to do now, the long-term nature of such an investment. Missing the negative returns that blighted its peers throughout most of 2000 and the first quarter of 2001 has...