A surge in tech investments has forced US funds to dispose of shares to avoid breaching tax rules. The rapid growth in the industry has led to a significant increase in valuations, prompting fund managers to take action to ensure compliance with tax regulations. This development highlights the challenges faced by investors in navigating the complexities of tax laws and market fluctuations.

Source: https://www.ft.com/content/05b21f37-bf3f-436c-9544-dcacf675afee