Investors will have to be discriminating amid the AI hype, says expert
[ad_1] According to MLC Asset Management’s chief investment officer, investors will need to be careful about which companies and technologies they choose to back with their capital when it comes to the “game changer” that is artificial intelligence. In his…
Are ETFs the way to AI?
[ad_1] Artificial intelligence (AI) stocks have seen significant gains, with the Magnificent 7 returning more than 106 percent in 2023, significantly outperforming the Nasdaq 100 and S&P 500. The AI market is projected to reach US$305.90 billion in 2024, growing…
Why AI and energy are a dynamic duo in investment potential
[ad_1] Maple-Brown Abbott has allocated 37 percent of its global infrastructure trading strategy to US electric and multi-utility companies, reflecting the firm’s strong belief in the sector. This strategic move underscores the firm’s confidence in US-listed utilities, which are critical…
Thematic ETFs are on the rise as investors target niche markets
[ad_1] In a recent episode of the Relative Return podcast, Manny Damianakis, head of sales at Global X, said thematic ETFs provide exposure to specific sectors such as tech, crypto and lithium, serving investors’ desire for targeted investment strategies. He…
Consulting software firm secures $20 million investment
[ad_1] The investment will allow DASH to accelerate key developments with immediate initiatives, including accelerating both software and platform technology. The company also revealed plans to expand its workforce, aiming to increase its headcount by 20 over the next six…
Regal Partners reported a 349% jump in NPAT fueled by revenue growth and acquisitions
[ad_1] In an ASX listing on Monday, the fund manager said its normalized net profit after tax (NPAT) reached $59 million in the six months to June 30, up 349% on the previous corresponding period. The result was driven by…
Blue Owl’s $1 billion deal highlights the demand for private credit in data centers
[ad_1] This week, Blue Owl announced the acquisition of IPI Partners for approximately $1 billion, marking a significant step into the digital infrastructure space. Ana Arsov, Global Head of Private Credit at Moody’s Ratings, commented: “Blue Owl’s acquisition of data…
Insignia puts focus on AI for 2030 strategy
[ad_1] Insignia Financial said its new business strategy aims to become Australia’s “leading and most effective wealth management company” by 2030, focusing on technology and product innovation, cost optimization and simplification. In an ASX announcement ahead of its Sydney investor…