AXA bets tech stocks will rise in six months

AXA Investment will launch an Asia ex-Japan technology fund next month, punting on a rebound of tech stock values by mid-2000, driven by resurgent demand for computer components.The fund will launch with a minimum of $30 million of AXA's own money, with the hope of reaching $100 million in six months. Targeted institutional investors in Europe and Asia will pay a management fee of 0.75% with a maximum front-end load of 2%.Shao-ping Guan, AXA's regional technology and telecom analyst, …