The information in this site is intended for Swiss institutional investors only.

The information contained in these pages must not be used or relied upon by private investors. We recommend that you read our 'Terms & Conditions' before browsing the site.

Please refer to the following information on M&G Real Estate funds.

Please click submit to confirm that you are a Swiss institutional investor and wish to continue.

Audience

Equities Market Perspective: Are the FAANGs losing their bite?

07/08/2018

After a decade wins, are the FAANGs losing their bite?

  • Earnings disappointments from the likes of Facebook has sparked concerns whether the stupendous growth of tech stocks can continue
  • Valuations have come back into focus and serve as a reminder that fundamentals trump headlines
  • Technology stocks still look attractive, but we are seeing increasing dispersion within the sector
  • Growth sell-off has resulted in a Value rally - retracement of growth stocks has provided some respite for long suffering value investors
  • Where to now? It remains to be seen if the recent moves represent a sea change for the re-emergence for value
  • Expect volatility in the value/growth trade over time and these types of rotations to become common

The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested. Where past performance is referenced, please note that this is not a guide to future performance.

For institutional investors only. Not for onward distribution to any other type of client. No other persons should rely on the information contained on this website.