Some top performing tech funds from Nordic providers took a big hit in January's turmoil
Over the past ten years, the top-performing tech funds in the Nordics generated annual returns of nearly 25 percent. During the January turmoil, however, there was a big difference in how well they fared.
Equity markets had a bumpy January with tech stocks falling significantly. This comes after a period where stocks focusing on high growth areas, notably information technology, have outperformed the market in general year by year for the past ten years.
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