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GQG’s Kersmanc sees payoff from early big tech exit

hedgeweek

2 months ago

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Brian Kersmanc of GQG Partners says his decision to scale back exposure to major technology stocks more than a year ago is beginning to deliver results, despite initially lagging during the height of the AI-driven rally, according to a report by Bloomberg.
Kersmanc had moved out of the sector after concluding that enthusiasm around artificial intelligence — partly challenged by lower-cost offerings from China’s DeepSeek — had become overstated. While that stance caused his funds to miss last yea...

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