‘Mindful’ of AI exposure: wealth managers at Hong Kong summit urge balance in portfolios

Executives at a private wealth conference in Hong Kong have highlighted AI infrastructure as a booming “defence plus growth” investment opportunity, while cautioning investors against portfolios that are overreliant on artificial intelligence. “Infrastructure opportunities now really lie at the bottleneck of solving [AI’s] demands within structural growth,” the head of Hong Kong managed investments and wealth solutions at Standard Chartered Bank, Sabina Chiang, said during a panel discussion at...