Denny Fish, portfolio manager in the Global Technology & Innovation Team, discusses how the team is navigating the coronavirus pandemic and why this period may have long-lasting positive implications for the sector.

      Key takeaways:

  • The strategy strikes a balance between ‘resilient’ companies that should hold up rather well under different economic scenarios; and ‘optionality’, which has a higher range of outcomes and growth optionality, but may come under more stress in terms of valuations or when the macroeconomic environment puts general pressure on all businesses.
  • In the team’s view the coronavirus is accentuating the longer-term mega themes such as the cloud, artificial intelligence, machine learning, Internet of Things and 5G connectivity, and is reshaping both enterprise and consumer behaviour in terms of technology usage and adoption.