Topic

Digital economy
Advertisement
Advertisement
Advertisement

This much-hyped technology has so far failed to earn the trust that enables financial transactions in the real world, especially when the total security it promises has already been compromised by hacks and fraud.

Swiss asset manager Pictet has been buying shares in Chinese online video game developer NetEase, while taking a profit on Tencent, as the technology sector is now trading at a higher premium than overall global markets, said Nolan Hoffmeyer, senior investment manager with Pictet’s thematic equities team.