226. Elon Musk and the potential demise of Twitter

Jeremy Gleeson, manager of AXA Framlington Global Technology comments on the performance of tech stocks this year and tells us that, despite some high-profile disappointments, there have been a number of good earnings surprises in the sector.He talks about Facebook’s problems, the possible demise of Twitter, and gives us some insight into current favoured holdings within the portfolio. He finishes by suggesting some interesting gadgets to add to your Christmas list!
Apple Podcast Spotify Podcast

AXA Framlington Global Technology is an unconstrained fund that invests in technology companies from around the world. Its lack of benchmark constraints means it is free to invest in ‘new technology’ rather than ‘old commodity’ companies. Jeremy Gleeson has successfully run this fund since 2007 and has been specialising in technology since 1998.

What’s covered in this episode:

  •  3 reasons why tech has had a difficult year
  • Why tech has gone from above average growth to challenging growth but…
  • …why it’s not all doom and gloom for the sector
  • Facebook vs Twitter
  • New opportunities in semiconductors and cybersecurity
  • Building resilience through software subscriptions
  • Gadgets for Christmas!
This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice. Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.

More Episodes