Shifting the weightings

Marvell – already trimmed – has been a successful holding. Today the 5% weighting was reduced to 3.3% to make way for some additions.

Twilio, formerly 3.0%, has gone up to 4.5% and a small addition to Snap has taken this holding to 5,8%.

This leaves Magnite as the only overweight of significance and UiPath remains underweight too while paired with Blue Prism in its portfolio slot..

News of the impending failure of Evergrande – a Chinese property and construction giant – has dampened market enthusiasm. The Chinese government have hired consultants – a good move at a time when disturbing news about their Wuhan Lab and collaborators continues to leak out. Some of the research proposals that were made sound distinctly risky – and nobody involved in these appears to be answering questions.

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