Why UK tech stands out amid a lacklustre equity market

With all three rating agencies lowering growth expectations for the domestic economy following the referendum result last month, the attractions of investing for long-term growth in the technology related sectors has again been highlighted in our view.

The combination of strong long-term structural growth drivers and, in many cases, significant dollar earnings should prove to be a compelling proposition for investors in the current environment. The investment fundamentals of these sectors also continue to improve - with our investee companies demonstrating strong cash generation, profitable organic growth, and an improving dividend outlook.   Balance sheets in the sector also remain robust. The continued move of software companies away from lumpy licence fees towards software-as-a-service should also provide resilience and greater v...