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software rotation

  • UK asset managers pile into cut-price software stocks after rout

    Investing

    Two of Britain’s largest asset managers have bolstered their positions in under-fire software companies in a bet that markets are overestimating the harm that artificial intelligence will have on their business model. Aberdeen and Rathbones have both added to holdings data giants like Relx, Adobe and Experian, arguing that the firms’ cratering valuations are largely [...]

    (Photo by Leon Neal/Getty Images)

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