Pimco Fund Targets Asian Semiconductor and Rare Earth Markets for AI Growth

Pacific Investment Management’s flagship fund is shifting investment focus toward Asian chip manufacturers and rare earth producers, anticipating they will supply the next wave of AI hardware demand.

5 Sept, 01:20 — 5 Sept, 01:20

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zerohedgeLow15h ago

Pimco's Top-Performing 60/40 Fund Bets AI's Next Winners Are In Asia, From Chips To Rare Earths

Pimco's Top-Performing 60/40 Fund Bets AI's Next Winners Are In Asia, From Chips To Rare Earths Emmanuel Sharef, who oversees Pacific Investment Management Co.'s flagship Balanced Income and Growth Fund, spoke with Bloomberg about how the next leg of the artificial-intelligence boom could be concentrated in Asian stocks and beyond. Wealthy clients in Taiwan, Hong Kong, Singapore, and mainland China have been piling into the $19 billion fund, which has outperformed 97% of its...

By Tyler Durden

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Pimco Fund Targets Asian Semiconductor and Rare Earth Markets for AI Growth

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Pimco's Top-Performing 60/40 Fund Bets AI's Next Winners Are In Asia, From Chips To Rare Earths

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