Melville Douglas: Fears grow of AI led market bubble

After six consecutive months of equity market gains, November saw the onset of volatility and risk aversion sparked by growing concerns around elevated valuations of Artificial Intelligence (AI) related stocks and the enormous capital expenditure and financing required by them to develop infrastructure and ever more powerful compute and inference capabilities. Listen to James Hibbs, Head of Melville Douglas Diversified, discussing as to whether we are in an AI led equity market bubble or not with Justin Maloney Melville Douglas’s Head of Global Equities.About Standard Bank Offshore Standard Bank Offshore is the international arm of the Standard Bank Group, Africa's largest bank by assets. Our banking, lending, fiduciary and investment services, provided by Melville Douglas, help us serve Africa's rapidly growing, globally mobile and affluent population. Our objective is clear - support Africa's growth by connecting the continent to international markets from our offices in the Jersey, Isle of Man, London and Mauritius. With a heritage of over 160 years and on-the-ground presence in 20 countries across sub-Saharan Africa, Standard Bank Offshore is the partner of choice for individuals and businesses across Africa and beyond seeking seamless offshore banking solutions. From day-to-day banking to bespoke individual wealth and corporate solutions, we have you covered.About Melville DouglasSince 1987, Melville Douglas has been delivering superior investment returns across a number of asset classes. As a boutique investment management company within the Standard Bank Group, we are uniquely positioned to offer customised investment solutions and flexibility with the might of Africa’s largest banking group behind us.Our years of exceptional investment returns and service are grounded in the principle that growing your wealth is more than just what we do – to us, it’s personal.