A disaster could be brewing in tech

Livewire Exclusive

Livewire Markets

Tim Hannon, Chief Investment Officer at Newgate Capital, is concerned about the technology sector in Australia. “The level of analysis done on these companies is actually quite poor. The (funds management) industry in Australia really don’t have a great tech background, and they’re analysing and floating companies where we don’t think they got a good level of understanding.” Add to this the fact that a lot of these companies are very early stage, and trading at high valuations; “it’s a recipe for disaster in our opinion, and we would avoid the sector,” he said. Watch the full interview below.


1 topic

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.