Dave Dudding, manager of the CT Global Focus fund, discusses the S&P 500 reaching 5,000 for the first time and various aspects of the current economic landscape, such as supply chain dynamics, inflation, and the impact of artificial intelligence (AI) on the market. Dave shares insights into specific holdings in the portfolio, including Nvidia, Microsoft, and companies in the pharmaceutical and energy transition sectors. The conversation also covers the opportunities and challenges presented by AI, the growth potential of Asian consumers, and the fund's stance on China and India.

What’s covered in this episode:

• What does the S&P 500 hitting 5,000 mean for the market?
• …and for investors?
• Are supply chain issues and inflation still dominating company meetings?
• The impact of near-shoring and re-shoring
• The persistence of wage inflation and the impact
• The dominance of AI and technology
• How high can Nvidia go?
• Why Microsoft continues to be an exciting company
• The rise of the Asian consumer

More about the fund:

CT Global Focus is a concentrated, high conviction portfolio of best ideas. David Dudding has always had a very clear philosophy and process which he has executed very successfully throughout his career. Since taking on this fund in 2018, David has continued in this success, delivering excellent performance.

Learn more on fundcalibre.com

Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.