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moving out of urban areas, improving
wellness, using telemedicine,
exploring online learning and
increasing online shopping and
leisure habits as they embrace the
shift towards a cashless society.
Governments will invest more
heavily in telecoms, encouraging
regional economic rejuvenation.
Wahi says: “Networks are becoming
the ‘railroads’ upon which countries’
future prosperity will be built.”
He names Verizon as one company
that has raised capex, partially in a bid
to support capacity, while the Korean
government has also been proactive.
As businesses raise their IT game,
enabling staff to work remotely,
“Networks are becoming
the ‘railroads’ upon which
countries’ future prosperity
will be built”
software and hardware investment
will receive a boost.
While many users might have been
equally excited and exhausted by the
plethora of videoconferencing options
in undertaking remote working,
Alison Porter of the Janus Henderson
Global Technology fund issues caution
to anyone thinking of investing now,
underlining her valuation discipline.
Noting the “hype cycle” often
referred to when discussing technology
PERFORMANCE OF ETF IN 2020
50%
VanEck Vectors Video Gaming and eSports ETF (46.16%)
40%
30%
20%
10%
0%
-10%
Jan20
Feb
Mar
Apr
May
Jun
Source: FE Analytics
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