Commodities have slumped to their lowest level in years as China sneezes and American harvests boom. So is now the time to buy in?
Alibaba’s IPO on the NYSE last week was the largest ever debut listing on the bourse, and its $68 a share price quickly soared a peak of $93.89 on the first day’s trading.
Many old guard technology companies’ buybacks are “fake” and channelling money to employees at the expense of shareholders, Lombard Odier Funds Technology co-manager Bolko Hohaus says.
Fundweb looks at the funds that managed to ride out the recent sell-off in the tech sector and those that have delivered the best performance as the sector bounces back.
Investment manager James McDaid continues to favour the sector but is avoiding IPOs and certain tech stocks with “jaw-dropping” multiples