Stock-picking funds continue to underperform despite AI disruption
Professional investment managers are still struggling to pick winning stocks even as AI disruption creates new opportunities.
Investment professionals have attributed ongoing poor performance of stock-picking funds to challenges in selecting the right investments amid AI-driven market changes. Despite believing AI disruption has created favourable conditions for stock picking, fund managers have failed to capitalise on these opportunities.
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BusinessDesk
Stock-picking funds are performing as poorly as ever
By Jack Pitcher Investment pros say AI disruption has created a stock pickerβs market. They are still struggling to pick the right ones.