UniSuper chief investment officer John Pearce has urged bond investors to take a harder line on financing the artificial intelligence boom, even as he dismissed fears of a broader tech-fuelled bubble in equity markets.
Pearce, who oversees $175 billion in assets for Australia’s fourth-largest superannuation fund, said a string of recent high-profile setbacks in AI capital raisings suggested investors were becoming more discerning about which company to back.
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