Reported 12 months ago
AI has become a market force in the first half of this year, with concerns arising among investors regarding whether AI fundamentals can keep up with stock prices. Given the over-concentration of stock market growth in large tech stocks, it remains uncertain if the tech surge can continue. Nomura Asset Management suggests that the US Federal Reserve is likely to cut interest rates by the end of the year, and the impact of the US presidential election is limited. Continued technological advancements pose both challenges and opportunities, with AI computing applications rapidly advancing and expected to drive the market. The recommendation is for investors to seize the rare AI investment opportunity by focusing on global tech multi-assets and combining them with resilient bond investments, allowing for both offense and defense strategies in AI investment and potentially boosting overall returns. Nomura's global tech multi-asset fund manager Huang Yijie points out the increasing capital expenditure by S&P 500 companies, especially by AI giants like Microsoft and Amazon, indicating the dominance of tech giants in the future of tech stocks. Long-term growth trends in AI tech remain unchanged, with the top three global companies by market value leading the AI trend, including Microsoft, Apple, and NVIDIA. Embracing the AI trend is essential to grasp one of the most powerful wealth codes in the future, as the tech bullish forces are strong. Nomura Asset Management applies over 20 years of research analysis on the tech supply chain to its global tech multi-asset fund strategy, focusing on investment potential in US and European tech leaders and Asian supply chains without being restricted by market value, truly targeting the ultimate winners in the tech wave. The fund adopts a unique all-weather bond strategy in contrast to traditional bond investment portfolios, where bonds play a crucial role in reducing volatility risks or balancing the high volatility of tech stocks, ensuring effectiveness in any market environment.
Source: YAHOO