Kramer is the founding portfolio manager of Pictet’s security strategy, managing AUM (assets under management) of some US$5.8 billion ($7.9 billion), making it one of the largest funds investing across various global value chains of safety and security.
Artificial intelligence (AI) has triggered the share price surge of Nvidia as chips from the company better known for processing computer game graphics become the gold standard to power AI applications. Various other companies plugged into the AI supply chain and ecosystem are tagging along for a ride as well. These range from manufacturers of the chips to operators of data centres and application developers. Companies that stand to benefit include those providing security services.
“When you have innovation, you have new vulnerabilities and you have to offset these new vulnerabilities with new security solutions. At present, we have AI, a big, massive, disruptive technology, which will certainly drive new security solutions,” says Yves Kramer, senior investment manager, thematic equities, at Pictet Asset Management. “AI will work if we protect it. Without proper protection, the potential risks can be significant,” says Kramer in an interview with The Edge Singapore.
