AI rising: Is now the time to invest? – Citywire Selector

A few years ago I was talking to a global equities fund manager about the rush of money going into stocks and funds that had any sort of ESG sticker on their tin.
It could have been a multinational announcing that it was converting all its toilets around the world to zero-waste or a giant asset management house announcing a new ESG process for its research team.
‘This is going to lead to an unsustainable bubble in these stocks, isn’t it?,’ I suggested.
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