Pimco Fund Beating 97% of Peers Cuts ‘Mag Seven’ to Bet on Asia

A top-performing fund manager at Pacific Investment Management Co. is betting the next winners of the AI boom will be found outside of crowded US Big Tech firms, turning instead to Asian equipment suppliers, Chinese financials and healthcare stocks.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.