Search Result(s)

By Chris Iggo, Chair of the Investment Institute and CIO for AXA IM Core, BNP Paribas Asset Management

By Chris Iggo, Chair of the Investment Institute and CIO for AXA IM Core, BNP Paribas Asset Management

By Chris Iggo, Chair of the Investment Institute and CIO for AXA IM Core, BNP Paribas Asset Management

• Artificial intelligence is emerging as the most significant technological development since the internet, with the capacity to reshape the global economy, productivity, and daily life
• Driven by rapid innovation and infrastructure investments, AI-related stocks and companies involved in AI hardware and cloud services are gaining significant market traction
• This technology offers compelling long-term investment opportunities in sectors like infrastructure and data centres, among many others 

While much of the attention around AI has centred on equities, the technology is increasingly impacting bond markets through new issuance, business model disruption, and enhanced investment processes

The prospect of higher inflation, resulting from the Middle East conflict, has shifted interest rate expectations; in turn, fixed income market returns have fallen. Short maturity inflation-linked bonds could provide some defence against higher inflation and short-term rates as they derive most of their return from actual inflation with less sensitivity to interest rate volatility.