We were featured in the Australian Financial Review's annual outlook, where top fund managers shared stock picks and trends for 2026. As a global equities fund, we highlighted the evolving AI investment landscape and identified opportunities beyond the mega-cap infrastructure plays that dominated 2025.
Our co-founder Armina Rosenberg explained that whilst big gains were concentrated in a handful of companies, next year's winners will look different. We're focused on two areas: component manufacturers enabling large-scale AI computing, and high-quality software businesses that have been unfairly de-rated.
Several high-quality businesses have de-rated sharply as sentiment swung from exuberance to indifference. In our view, the baby has been thrown out with the bathwater, and 2026 could mark a re-rating opportunity for select software names whose competitive moats and adaptability to AI are stronger than the market currently assumes.
Our specific stock picks included SK Hynix, a Korean memory supplier benefiting from AI's demand for higher bandwidth, and Radnet, a US diagnostic imaging group commercialising AI diagnostics through its DeepHealth platform. This approach reflects our strategy of identifying mispriced opportunities in technology and healthcare sectors. To read the article, click the link below.