Torry sees signs of cyclical tech recovery

conference

as investors return to the recovering tech sector after bubble, SGAM's manager identifies the corporate area as the one to watch in 2007

Technology demand is picking up but the corporate sector tech cycle has barely begun, according to Alan Torry, head of global technology at SG Asset Management. Speaking at the Investment Week Markets Forum in London, Torry said 2007 is set to be a good year for the technology sector, which has recently been overlooked in favour of emerging markets and metals. He explained investors have been reluctant to return to the sector after the technology bubble peaked in March 2000 and went on to lose some 80% of its value. However, since then, after something of a recovery and further adjustmen...