There cannot be many 'industrial' sectors that are experiencing
more rapid growth and change than the technology industry.
|Philip Pearson and Antony Burton
At a company level, the sector's biggest names - Apple,
Facebook, Google and the rest - are constantly making headlines
and presenting rich opportunities for a long/short equity
manager, with stockmarket valuations and growth forecasts that
But the industry-wide innovation story is arguably even more
interesting, and it is that story that is providing most of the
investment ideas for Philip Pearson and Anthony Burton, the
experienced managers of the successful and well-established GLG
Pearson has managed the hedge fund since launch in June
2002, with Burton coming onboard in mid-2008 as joint manager.
As the fund approaches its 10-year anniversary later this year,
returns over its lifetime have been overwhelmingly positive: it
has recorded just one down year - a 10% drop...