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Artificial intelligence stocks have been on a tear this year, but is it too late to invest?
Join CNBC's Will Koulouris as he quizzes Nick Griffin, chief investment officer of Munro Partners, on the AI theme, Big Tech, and how to play stocks such as Nvidia and Microsoft.
Munro Partners, with $4.3 billion Australian dollars under management, is focused on global growth stocks. Griffin is part of the investment team for funds including the Munro Global Growth Fund which aims to make "meaningful" absolute returns, and identify sustainable growth trends that are underappreciated and mispriced by the market. It utilizes both long and short positions.
Themes in focus include internet disruption, high-performance computing, digital payments, and more.
As well as AI, Griffin will also discuss GLP-1 drugs, or drugs for weight loss and diabetes. Stocks in this space include Novo Nordisk and Eli Lilly.
The Munro Global Growth Fund's top five holdings are Alphabet, Amazon, Nvidia, Visa and Microsoft. Global stocks in its holdings include TSMC, ASML and Samsung SDI. The fund has returned 9.9% per annum since it was launched in 2016.
The firm has another growth-focused fund, the Munro Concentrated Global Growth Fund, with a return of 12% per annum since its inception in 2019.
Griffin has been managing global long/short equity strategies for over 15 years. He has been with Munro Partners since 2016 and before that was head of international equities at K2 Asset Management and was also at Deutsche Bank.
Join CNBC Pro Talks on Wednesday, October 18, at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m. ET.
Learn more from our previous Pro Talks:
- Forget India: One portfolio manager bucks the trend, says another market offers 'great value'
- This chip stock has a '50% margin' which rivals could struggle to catch up with, portfolio manager says
- Look beyond the 'Magnificent Seven' tech stocks, analyst says — and names 5 top picks
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