Former Aberdeen Asset Management chief executive Martin Gilbert has criticised the make-up of the UK's FTSE 100 index for its lack of technology companies - a sector on which he is bullish, while many are bearish.
Speaking to This is Money, he explained that out of the 100 companies listed on the London Stock Exchange with the highest market capitalisation, only 2% are tech firms, compared with a 20% tech weighting in global indexes.
"One of the big failings of London is we have really not succeeded in getting a big tech stock here listed in the FTSE 100," he commented.
