Matthew Tillett, senior portfolio manager - UK equities at Allianz Global Investors, examines the pitfalls of investing in technology as well as the benefits.
If you've paid any attention to equity markets over the past couple of years, the outstanding performance of the technology sector won't have passed you by. The S&P 500 Technology index recently surpassed its high set in 2000, a peak widely regarded as one of the greatest bubbles of all time. But it's not just the technology sector itself that's booming. Old economy industries are being disrupted by digital upstarts, causing some seismic shifts in the stock market landscape. Four US indices hit record highs on oil jump Let's take a closer look at two industries: autos and broadc...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes