Ten years on from dotcom-where now for the tech sector?

This month marks the 10th anniversary of the ‘dotcom bubble’ and by chance also the one-year anniversary of the recent market lows. Until the second half of last year, technology funds had been largely ignored for much of this decade by advisers and their clients, many of whom had an understandably jaundiced view of the sector. However, the technology sector significantly outperformed last year, the Dow Jones World Tech Index rising 60.2% in US dollar terms more than twice the price return achieved by the FTSE World Index. This quantum of outperformance has begun to generate renewed inte...