Back in 2000, the privatised utilities were a somnolent bunch, unattractive in contrast to the fireworks of the TMT bubble.
Spike in deals from across the pond suggests brighter future
Emphasis on substance than style when buying stocks
Bias towards income payers
The UK TMT sector, and its remarkable bull run, has been a top performer for investors due in large part to the growth and dominance of mega-cap technology stocks.