Despite agreeing that AI is likely as transformative as its proponents argue, Ed Cole believes it’s too early to understand whether there’s a bubble. Meanwhile, the growing backlash against globalization and an effort to reshore means traditional 60/40 portfolios are at risk of becoming outdated. A reallocation of assets across gold, small caps and liquid alternatives could be essential to keep up with a changing macro environment. Cole is the head of multi-strategy equities at Man Group, the wo...
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