Soft earnings growth at the banks and a lack of exposure to the booming AI trade will keep a handbrake on the local sharemarket, fund managers warn.

Soft earnings growth at the banks and a lack of exposure to the booming AI trade will keep a handbrake on the local sharemarket, fund managers warn.

Soft bank earnings growth and a lack of exposure to the booming artificial intelligence trade will keep a handbrake on the local sharemarket, fund managers warn.