A significant reshuffle in megatrend performance: while the previous period was characterized mainly by a rotation out of AI infrastructure into software and cloud services, from the second half of August biotechnology/healthcare outperformed alongside AI infrastructure, while rate-sensitive themes and those linked to consumption and the energy transition weakened. The VIG MegaTrend Equity Investment Fund […]
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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.
That AI is not merely a fad that will quickly run out of steam is clearly shown by weekly AI token traffic (an AI token is the basic unit of text, code or data that an artificial intelligence model reads and generates), which has grown roughly twentyfold since the beginning of 2026, with the curve […]
That is the length to which almost every major “hyperscaler” (i.e. technology giants attracting enormous amounts of capital, such as Microsoft or Amazon) has extended the useful book life of its servers and GPUs in recent years, up from the previously typical four years. Stretching an asset’s depreciation period means lower annual depreciation and thus […]
Seven years ago, OpenAI still considered GPT-2 too dangerous to release to the general public. The model was eventually released later that year, and humanity has, for now, survived. The communication recipe, however, seems to be proving durable. Source: The Guardian Dario Amodei, CEO of leading AI lab Anthropic, the US company behind […]
Soon we may get a glimpse behind the gates of the most important company of the AI trend. Claude developer Anthropic is now unquestionably leading the race among frontier labs, and the company plans to take its shares public in 2026. The entire data-center building frenzy we are seeing today rests on the usefulness and […]
Watching the videos of Chinese robots circulating online, it is increasingly hard to tell whether we are looking at real footage or yet another particularly well-made creation of artificial intelligence. Today, humanoid machines move with such momentum and naturalness that just a few years ago we would have instantly taken these scenes for clips from […]
In the megatrend universe, market movements in August were favorable for the Fund. Rebounding from the July low, global equity markets started the month with a strong two-week rally. Later in the month, the impact of the macroeconomic news flow on equity indices intensified, which weighed on performance in the second half of the month. […]