Lead manager of the Smith & Williamson Artificial Intelligence (AI) fund Chris Ford is avoiding a US-focused view of the sector in favour of UK-based AI firms in his portfolio.
The £22m Artificial Intelligence fund, which was launched in June and is co-managed by Tim Day, operates a 35-stock portfolio, comprised from an initial universe of around 17,500 stocks with a market capitalisation above $250m. AllianzGI unveils global artificial intelligence fund However, Ford (pictured) said while many AI investors look to the US for they have found investment opportunities on home shores. Ford said: "When investors think of artificial intelligence they may well think about some of the largest companies in the world, such as Facebook, but actually there are oppo...
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