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The ASX’s booming AI trade is at risk from overcrowding
SKS Technologies, Southern Cross Electrical and GenusPlus are suddenly popping up in fund managers’ top holdings, raising the risk of a sharp sell-off.
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afr.com
Timeline cronologica
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ASX’s first AI-powered stock picking ETF puts quant funds on notice
VanEck’s fund revamp gives retail investors access to AI-powered stock-picking, which has only been accessible through fund managers and quantitative trading firms.
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The ASX’s booming AI trade is at risk from overcrowding
SKS Technologies, Southern Cross Electrical and GenusPlus are suddenly popping up in fund managers’ top holdings, raising the risk of a sharp sell-off.