• Asking about rotation strategy from AI names to other market parts while maintaining AI trade belief
    speaker1
  • Paul Christopher
    We think there are years left for AI/tech evolution but markets get extended in early innings, so we rotated from communication services and IT into utilities and emerging markets
  • Asking how investors should play these sectors - individual stocks or ETFs
    speaker1
  • Paul Christopher
    Broad-based basket of emerging markets provides good diversified exposure as tech sectors become more dominant globally
  • Asking about other overweight sectors beyond tech and healthcare run-up
    speaker1
  • Paul Christopher
    We're trimming consumer stocks, taking healthcare to market weight, rotating into utilities, industrials, and financials
  • Asking about financials attractiveness given interest rate cycle and 2026 outlook
    speaker1
  • Paul Christopher
    Short-term rates coming down while long-term yields stay firm or rise, favoring banks through falling deposit costs and steady lending revenue
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