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Home›US Markets›Equities›First Eagle fund manager shifts focus away from AI tra…

First Eagle fund manager shifts focus away from AI trade

Reported · Written up by our desk · Equities

Bill Hench of First Eagle stepped away from the artificial-intelligence trade, according to MarketWatch.

Instead, Hench is looking toward small-capitalization bets tied to a potential recovery in the U.S. housing construction market, MarketWatch reported.

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Sources

MarketWatchAfter a 33% gain in the first half, this fund manager grew tired of the AI trade. Here’s where he’s looking now.
MarketWatchAfter a 33% gain in the first half, this fund manager grew tired of the AI trade. Here’s where he’s looking now.

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