Investment Week (September 29)
“Which companies are actually ‘doing AI’ is the question that has to be answered.” Just as “a lot of fund houses are making a big show of talking about AI as it puts them ‘in’ this next big trend, the same is true for many of the companies they are looking to buy.” Hype abounds and the Financial Times “discovered a disparity between the AI leaps CEOs were buzzing about in their company’s investor calls and the actual investment the businesses were making into this space.” To keep “AI in check just from a risk management basis” and to separate “the winners from the churn,” active mangers are essential. “The value of active management cannot be underestimated, not just for the necessary diversification but to actually play a role in making this new era not be as ‘terrifying’ as people are predicting.”
Tags: Abounds, Active mangers, AI, Big trend, Buy, CEOs, Churn, Companies, Disparity, Diversification, Fund houses, Hype, New era, Predicting, Risk management, Terrifying, Winners
Wall Street Journal (October 27)
“Japan became the largest private-equity market in Asia-Pacific last year, accounting for 30% of the deal value in the region.” Historically the nation’s share has been approximately 5% to 10%. And now, “a rare takeover battle has broken out in Japan between two American private-equity firms,” as KKR and Bain Capital wrestle “for control of Japanese software company Fuji Soft.” For Japan, the tussle “is the clearest sign yet of a new era.”
Tags: New era
