Time to buy into tech stocks has passed, says UniSuper
Hannah WoottonReporter
Soaring technology stocks helped increase the retirement savings of UniSuper customers by 9.2 per cent last financial year, but the $135 billion fund’s investment chief says the time to buy into these companies has passed.
The warning came as the continuing market frenzy to cash in on emerging artificial intelligence technology drove returns for several superannuation funds into the double digits for 2023-24.
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