Second wave of AI investment calls for more diversification

Investors urged to think outside the box and away from technology

Hope Coumbe
clock • 2 min read

The ‘booming’ artificial intelligence (AI) market is entering a second phase in which investors need to be thinking more creatively to maximise opportunities, experts say.

Neuberger Berman chief investment officer for private wealth Shannon Saccocia said the first year of the generative AI investment theme "was both amazingly concentrated and oddly discerning". "We think the second wave of the theme is likely to disrupt all of that," she added. "AI is about more than Nvidia and it is not just about the tech sector, either." While acknowledging the technology giant's stock performance is up 79% this year, deVere Group chief executive Nigel Green agreed investors need to look further than large tech firms. He said: "Investing in Nvidia undoubtedly offe...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

FE Fundinfo launches AI assistant for advisers

FE Fundinfo launches AI assistant for advisers

Part of updates to Nexus for Financial Advisers platform

Sophia Panayi
clock 13 August 2026 • 2 min read
Is the FCA ignoring an obvious breach of the regulatory perimeter?

Is the FCA ignoring an obvious breach of the regulatory perimeter?

'There are genuine legal complications'

Gareth Fatchett
clock 11 August 2026 • 5 min read
Some UK top advice firms invisible to AI platforms – research

Some UK top advice firms invisible to AI platforms – research

‘Advisers aren't unaware of this at all’

Sophia Panayi
clock 11 August 2026 • 3 min read