‘AI is going to split the market in two’: James Cook of JPMorgan Global Growth & Income

In this IC Interviews podcast, Val Cipriani is joined by James Cook, manager of JPMorgan Global Growth & Income. As the only global and global equity income investment trust trading at a premium, it is keeping investors happy with its approach.Val and James discuss how this has happened, the future of semiconductor stocks, how AI will change the market, Microsoft’s recent outage and much more.Timestamps1:01 Strategy of growth3:35 Payout policy7:41 Paying dividend out of capital 9:09 Outlook for the market 13:33 Interesting areas of the market17:05 Semiconductor stocks19:31 Magnificent Seven21:41 AI 25:47 Microsoft 27:53 AI’s risk 29:06 Tech stocks capex 30:56 Apple 32:48 UK stocks34:50 Japan36:32 Portflio balance39:30 Getting involved with M&A  Claim your first 12 weeks of Investors' Chronicle Print + Digital for just £12. You will get instant access to our website and app, plus the magazine delivered to your door every week. To start your trial, visit www.investorschronicle.co.uk/podcasttrial *After your 12-week trial you will pay just £62 every 13 weeks by direct debit. If you’re not entirely satisfied, you can cancel up to 5 business days before your renewal date and only pay the £12 already debited. This offer is for UK subscribers only. Hosted on Acast. See acast.com/privacy for more information.