Forget the railroad, buy the seaside: Fund manager urges investors to look to AI’s secondary boom

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Forget the railroad, buy the seaside: Fund manager urges investors to look to AI’s secondary boom

A leading UK small-cap fund manager has urged investors to look past the titans of the AI trade and consider allocating capital to companies adopting the technology in order to drive returns. Laurence Hulse, founder of investment trust Onward Opportunities, questioned whether the AI cycle has entered a stage where it is more lucrative to [...]