Asset allocator alarm on tech sector after SVB collapse

While institutional investors are busily assessing the likely impact of the Silicon Valley Bank (SVB) collapse on their portfolios, some say the ramifications are likely to go far beyond immediate concerns over direct exposure. A more serious liquidity crisis has technology-focused investors in particular facing an uncertain future. Timothy Tsui, a Hong Kong-based entrepreneur and technology sector investor said: “This is not good for the tech sector. Smaller sized banks in the …