Gabriel Sacks: Confronting concentration risk in Asia

Concentration risk is by no means a new phenomenon. The perils of having too many investment eggs in one basket existed long before the era of the Magnificent Seven threw the issue into sharp focus.  Yet the spectacle of indexes dominated by just a handful of companies has perhaps never been more striking than it is today. Continued fears over the sustainability of the artificial intelligence (AI) boom are laying the problem jarringly bare.  What some investors may only now be realising is that concentration risk is not at its most intense in the US. Even the tech-heavy S&P 500, in wh...