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By Andy BROWN, Investment Director Global Equities, Aberdeen Standard Investments
Technology is a challenging sector to invest in, primarily because it is both an ongoing and never-ending force of change as well as a sector with a limited number of companies to invest in.
Technology as a force
Many periods of history can be defined by the impact of technological change intertwined with institutional developments and economic growth. For example, anyone living through the roaring 1920s experienced the benefits from the mass-production of automobiles. Someone born in the UK in 1770s would have witnessed the mechanisation of the cotton industry. Even further back in time, the advent of the printing press had such...
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