GQG Partners CIO Rajiv Jain shifts stance and moves overweight on AI tech stocks

GQG Partners Chief Investment Officer Rajiv Jain has changed his view on artificial intelligence and is now moving overweight on technology stocks tied to the AI theme, according to a Techub News brief citing Crypto Briefing. Jain had previously been skeptical about AI-related investments, but that position has now reversed. The report also noted that funds managed by GQG Partners had previously seen $15.1 billion in outflows. At the same time, Nvidia shares had gone through multiple pullbacks. Against that backdrop, Jain decided to raise the firm’s allocation to AI-linked technology companies. The brief did not disclose which companies were added or how large the new allocations are. It focused on the shift in Jain’s investment stance, highlighting a notable change from caution to a more constructive position on AI exposure within the technology sector.