{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/a4c5de36-8260-4222-8e38-ff997dc73436/67dd8a73fa98b54cfac35e9b?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"‘I don’t believe in tech’: Stephen Yiu of Blue Whale Growth ","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/61b9b44742e856e989985776/1742570109684-da9b9246-fa96-4643-a750-16bbadaf62ac.jpeg?height=200","description":"<p>The Blue Whale Growth fund concentrates on large cap companies across global stock markets. US tech has dominated global indices, investors’ minds and until recently, the fund. Dave Baxter talks to manager Stephen Yiu about his updated thoughts on the Magnificent Seven, Donald Trump’s impact on the AI play, overlooked sectors and more.</p><p><br></p><p>This episode was recorded on 24 February.</p><p><br></p><p><strong>Timestamps</strong></p><p>00:29 DeepSeek&nbsp;</p><p>2:13 Identifying AI winners&nbsp;</p><p>5:36 Exiting Microsoft and US tech</p><p>9:38 Turnover in the fund</p><p>13:03 Evolution of the fund</p><p>16:55 Valuations&nbsp;</p><p>20:10 European and Asian companies</p><p>21:54 Trump and the trade war</p><p>23:33 Areas to keep an eye on</p><p>27:30 Compelling themes in the fund beyond AI</p><p>32:09 Overlooked companies</p><p>34:24 Danaher</p>","author_name":"Investors' Chronicle"}