Recovery favours tech and healthcare stocks - Bennett

Gartmore's John Bennett believes the long-haul recovery will favour technology and healthcare sectors alongside specific stocks able to deliver above average growth.

Bennett, manager of the £1.9bn European Selected Opportunities fund and Continental European and Pan European Sicavs, says 2010 will be a year of leadership change in the market and is positioning his funds to benefit from the crossover. Bennett says: "In many ways we see the market's behaviour in the period March to December 2009 as reminiscent of that from March to December 2003: the fact investors jumped upon the leaders of the prior bull run - driven by technology in 2003 and China plays in 2009 - gives food for thought." Bennett says the catalyst for change is most likely to be t...