Julius Baer CEO: Asia Will Drive Growth as Investors Diversify Away from US AI Risk

Julius Baer Group CEO Stefan Bollinger said Asia will play an important role in the group's growth in the near term, as investors seek to diversify because of rising US AI risk. Speaking in an interview in Hong Kong on Tuesday, he said an AI bubble is forming and many people are very nervous about their AI exposure. Investors who had long been "overweight" the US dollar and US stocks now face increased exposure.