Major investment houses have repositioned their model portfolios to shelter their holdings from the perceived risk of major US equities.
While AJ Bell has stuck with capital allocation to the world's largest economy, the firm has aimed to gain exposure to the AI supply chain by tilting towards sectors that stand to benefit from the continued roll-out of AI into the real economy. Through investments into US healthcare, energy and utilities ETFs, AJ Bell head of investment solutions James Flintoft explained that the benefits of AI "are now being felt across other sectors, where the time taken to process and file paperwork is being significantly reduced". According to Flintoft, the build out of AI datacentres, combined wi...
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