Investors Rotate Beyond $4.4 Trillion AI Trio in Emerging Markets
Updated
Updated · Bloomberg · Jul 12
Investors Rotate Beyond $4.4 Trillion AI Trio in Emerging Markets
2 articles · Updated · Bloomberg · Jul 12
Summary
$4.4 trillion in combined value for three tech stocks is pushing investors to look past the AI leaders that have dominated emerging-market returns.
JPMorgan Asset Management and Grantham Mayo Van Otterloo are shifting toward broader economy bets, including gaming, energy and a Vietnamese dairy company.
JPMorgan AM is also using India and China to diversify away from the three giants, which include one company in Taiwan and two in South Korea.
The move highlights concern that emerging-market performance has become too concentrated in a handful of AI-linked names rather than the wider economy.