Back to Articles
Rajiv Jain Doubles Down on AI Bubble Claims as Investors Pull Billions from GQG Partners

Australian Financial Review

SKIPPED

Details

Date Published
26 Jan 2026
Priority Score
2
Australian
Yes
Created
26 Jan 2026, 06:15 am

Authors (1)

Description

The star stockpicker said in a letter to clients that it was impossible to time when a bubble will burst and warned the cost of acting late could be “fatal”.

Summary

Rajiv Jain, chairman of GQG Partners, emphasizes caution regarding investments in AI-related companies, which he deems overvalued. Despite investor outflows, Jain remains resolute in avoiding what he calls an AI trading frenzy. His stance draws attention to the speculative risks surrounding AI investments and their potential impact on market stability. While the article highlights Jain's strategy, it does not directly address existential AI risks or governance frameworks, focusing instead on investment perspectives and market dynamics.

Body

MarketsEquity MarketsSharemarketPrint articleAlex GluyasMarkets reporterJan 26, 2026 – 4.00pmGQG Partners chairman Rajiv Jain has defended the investment management giant’s decision to avoid what he describes as a frenzied artificial intelligence trading mania despite billions of dollars leaving the business as the firm’s returns lag many of its major rivals.In a letter to clients, the high-profile stockpicker said he believed valuations of AI-related companies that had soared over the last year would slump. The cost of selling too late would be significantly worse, he wrote.Loading...Alex Gluyas is a markets reporter based in the Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreSharemarketInvestingAIFetching latest articles