AI is the match, passive is the fuel, says Centaur

By Ruan Jooste, editor of Citywire South Africa. Original Article: Read Here The fund manager said index flows, especially into AI megacaps, had made markets less anchored to fundamentals. Passive investing has changed the way markets behave, making share prices more likely to overshoot when index flows, retail investors and momentum strategies all move in…
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AI hype is creating a valuation distortion in platform stocks

By Motlatjo Seima, editor of Citywire South Africa. Original Article: Read Here Investors have piled into AI ‘winners’ while dumping platform businesses. But earnings are still growing at double-digit rates, and the multiples may have overshot. Investors chasing artificial intelligence winners may be overlooking one of the market’s most compelling opportunities, according to Centaur Asset…
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The $10tn industry waiting to be disrupted by AI

By Jaco Visser, editor of Citywire South Africa. Original Article: Read Here The $10tn Industry waiting to be disrupted by AI. The popularity of the Magnificent Seven stocks can be ascribed to the coming of AI – now a trillion-dollar industry. Imagine the investment opportunities that will be unleashed if this technology is utilised to…
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