Analysis: Dominance of Apple and tech titans has huge risks

The global investment landscape has been transformed since 2009.

At the time, the world was left reeling from the impact of the US subprime crisis leading to a global recession of enormous magnitude, leading central banks to flood the world with almost unlimited liquidity and trillions of dollars of bond purchase programmes.

In the six years since the economic crash, global equity market surges have resulted in several trillion dollars of value being created and the single largest beneficiary has been the technology sector, which experienced a several fold increase in value, principally the largest companies in the sector.