Technology: From blow-up to bounce

TECHNOLOGY

Matthew Lamb, GAM's head of institutional and fund distribution, UK, looks at the opportunities the technology sector revival is presenting.

Rewarding investment opportunities has become something of a holy grail. Many of the traditional winners now come burdened with an unpalatable dose of volatility yet frequently deliver flat line performance. In the search for more appealing long-term opportunities, investors are discovering some surprising results. Take technology, for example. The explosive growth of the dot-com bubble brought with it great expectation. But in the wake of the burst, promises were left unrealised and the sector grossly underperformed the wider market for the next eight years, resulting in a dramatic fall...