Unicorn's Mackersie: Risk and reward in the TMT sector

Investors are justified in feeling cautious around technology, media, and telecoms stocks, but the UK also surprising number of opportunities in that sector. Unicorn's Fraser Mackersie explains.

Following a strong year in 2013, this year has been more challenging for the UK market - and this has been the case for growth stocks and AIM shares in particular.  However, the recent sell-off in a number of our names has also created attractive buying opportunities during the past few months. Justifiable concerns Given current market conditions, and possibly following bad experiences for many investors in 2000, concerns surrounding the telecoms, media and technology sector (TMT) continue to centre on valuations.  In many cases these concerns are justified. This is particularly...