Investment Results (%)

Portfolio Characteristics

Top 10 Portfolio Businesses

Related Thinking

Investment Strategy
AI at Scale: The Forces Shaping the Next Decade
In this video series, Portfolio Manager and Sr. Research Analyst Daniel Pilling explores how generative AI is reshaping industries. In examining training versus inference, compute economics, infrastructure constraints—from power grids to chip supply, he evaluates valuations and long-term opportunities for businesses able to seize the promise of the rapidly developing technology.
Investment Strategy
Valuations Don’t Reflect Potential of Gen AI
Valuations have surged, driven by AI enthusiasm. Portfolio Manager Daniel Pilling argues that semiconductors and hyperscalers are fairly priced given yet-to-be-realized revenue opportunities in evolving industries, such as robotics and autonomous vehicles.

Contact Us