Goldman AM’s Barrs Eyes Tech Picks, SmallCaps After Selloff
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The US equities selloff has removed “a lot of the froth” from the market, making some technology and small-caps attractive again, according to Luke Barrs, global head of fundamental equity client portfolio management at Goldman Sachs Asset Management.
“What we’re looking at now is: can we buy some select tech names and the small-caps space, where we think the normalization of rates should be very helpful for what is still an undervalued asset class,” Barrs said in an interview on Bloomberg TV.