Walter Price, manager of the RCM Technology trust analyses the companies that have the potential to disrupt the ‘traditional' tech market.
Equity markets have risen strongly over the last year, but the technology sector has been a laggard. Of course, Apple has a lot to do with this, but when you dig deeper into the sector, you see a large portion of this underperformance has come from mega-cap companies with high exposures to the enterprise markets. These companies have faced recent pressure from an underwhelming rate of technology investment by corporations and governments. In addition, traditional technology companies are losing a secular battle against new cloud technologies which offer comparable products and services t...
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