Amid high US valuations, tech and banks still a draw
Singapore
IN the US, valuations have been deemed expensive for some time. Yet fund managers see continued potential in at least two themes: Technology and banks.
Graeme Clark, a Janus Henderson portfolio manager helping to run one of the largest tech funds in Europe, told The Business Times that tech firms remain firmly backed by long term, structural trends. These include the Internet and potentially artificial intelligence.
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