Massive increase: People walk past the Nvidia office in Taipei in Taiwan. This year, the stock has added about 170%, providing great opportunities both on the buying and selling side. — Bloomberg
LONDON: The environmental, social and governance (ESG) fund with the biggest exposure to Nvidia Corp has trounced much of the market, as bets on artificial intelligence (AI) transform the fortunes of portfolios promoting ESG principles.
The US$830mil (RM3.8bil) Nvidia stake held by Swedbank Robur Technology C makes it the most exposed ESG-registered fund to the world’s most valuable chip company, according to the latest data compiled by Bloomberg.
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