The Zhitong Finance App learned that the “Active Manager Positions Update” report recently released by Bank of America Securities indicates that active fund holdings fully reflect the “shift from consumption to capital expenditure” theme, and that it is becoming more and more difficult to earn excess income by buying AI capital expenditure beneficiaries and selling white-collar consumer themes. Selective shift is recommended.

The Zhitong Finance App learned that the “Active Manager Positions Update” report recently released by Bank of America Securities indicates that active fund holdings fully reflect the “shift from consumption to capital expenditure” theme, and that it is becoming more and more difficult to earn excess income by buying AI capital expenditure beneficiaries and selling white-collar consumer themes. Selective shift is recommended.