Pictet Fund Plows 30% of Cash Into AI Stocks on Risk Revival

@TechSavvy shared a link

2026-05-11 08:00:43 ·

www.bloomberg.com

A $3.5 billion multi-asset fund at Pictet Asset Management has sharply raised its equity exposure, shifting as much as 30% of its cash-equivalent holdings into artificial-intelligence heavyweights across Asia and the US.

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