Sarasin is removing the technology theme from its global investment process, writes Ruth Alexander i...
Sarasin is removing the technology theme from its global investment process, writes Ruth Alexander in Investment Week. The group runs multi-theme portfolios and Guy Monson, Sarasin's chief investment officer, said the exceptional features that first made technology a core component when this concept was started almost five years ago are no longer evident. Monson said: "Technology firms are not displaying exceptional and consistent growth, they are not contributing to exceptional corporate profits and there is little reason to think they will contribute to super-normal stock market r...
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