Amid high US valuations, tech and banks still a draw
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant