Hibernian may start tech fund

Investors in Hibernian's Global Telecoms Fund may be pleased to hear the company is considering a technology fund

Investors in Hibernian's Global Telecoms Fund may be pleased to hear the company is considering a technology fund. To date, Hibernian's Global Telecoms Fund has delivered a return of 54 per cent since it was launched on June 1st, last.

Nearly £10 million (€12.7 million) has been invested by customers in the fund which includes companies such as Nokia and Cisco Systems. Portfolio manager, Mr Dara Fitzgerald, says Hibernian is still bullish about telecoms, particularly mobile phone companies and those involved in the manufacture of related technologies.