The megatrend market has broadened further: capital is not leaving growth stories, it is flowing out of chips and into cloud services, software and the areas needed to build out networks. The global structure is stable, but for now investors are looking for the winners of the physical and software implementation phase. Within the […]
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Our newly launched monthly newsletter serves as an exclusive guide from the portfolio managers and analysts of the VIG Megatrend Fund Family in the ever-changing global market. Our goal is to filter out the noise and analyze the past month’s key innovations, corporate breakthroughs, and market movements within the megatrend universe. Each month, our experts scrutinize the most important events in the innovation ecosystem, from corporate fundamentals to global trend shifts. With this publication, our investors – particularly partners in the VIG Megatrend and InnovationTrend funds – gain direct insight into the logic behind our investment decisions, uncovering the technological and social drivers propelling tomorrow’s winners.
For a long time the clear winner of the AI trade that took flight after the 2022 bear market was Nvidia, the American maker of high-performance processors. The company’s share price rose almost seventeenfold from its low of $11.2 in the autumn of 2022 to the end of 2025. Anyone looking only at the […]
On the evening of 10 August, Nvidia announced that it had signed letters of intent with six large financial institutions on the creation of so-called “compute financing” platforms. The partners are the asset managers Apollo, BlackRock, Blackstone, Brookfield and Kohlberg Kravis Roberts & Co. (KKR), along with the investment bank Goldman Sachs. The goal is […]
The statement published on 24 July marked the culmination of the debate on open- and closed-weight models that had intensified with the arrival of the Chinese AI model Kimi K3. With a few exceptions, the leading players of the American tech and AI sector came out in support of open models. Open Weights […]
On 27 July 2026 the most valuable segments of the Western tech sector came under attack on three fronts. In the morning in Shanghai, shares of the Chinese semiconductor manufacturer ChangXin Memory (CXMT) began trading at 49.50 yuan after an issue price of 8.66 yuan, and by the end of the day stood roughly […]
July was perhaps the greatest test yet for AI investments. The data centre infrastructure and chip sectors, which had performed outstandingly since the start of the year, went through a substantial correction: semiconductors fell 25% from their June peak, and the broader technology sector also delivered deeply negative returns. Value stocks outperformed growth stocks […]