Companies will increasingly use artificial intelligence to stimulate sluggish consumer demand as market watchers say the world is on the cusp of seeing a new cycle in consumer electronic products.

Man GLG Asia Opportunities Fund portfolio manager Andrew Swan said the next big beneficiaries of AI over the next 12 months will be technology hardware companies, after 2023 sparked a euphoria for processing chip maker Nvidia and also the mega technology stocks in the US.

Read The Australian article.

Andrew Swan

Andrew Swan is Head of Asia (ex-Japan) Equities at Man GLG. Based in Australia, he focuses on Asia ex-Japan strategies.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.