In April 2024, the fund was flat (0.00%) vs. -2.79% for the globally diverse MSCI ACWI in $A. Click here to read the full fund letter...

(Bloomberg) -- Insiders at the Magnificent Seven tech companies are following Jeff Bezos and Mark Zuckerberg in realizing gains from the stocks that have largely powered the boom in US equity markets.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track‘Seriously Underwater’ Home Mortgages Tick Up Across the USArm Slides as Tepid Outlook Fuels Concerns Over AI SlowdownAlmost a dozen executives and...

TikTok said on Thursday it would start using a technology aimed at helping it label images and video generated by artificial intelligence and uploaded to the video sharing service. TikTok said it would adopt "Content Credentials," a digital watermark that denotes how images were created and edited. The Content Credential technology was spearheaded by Adobe but is open for other companies to use and already has been adopted by companies such as ChatGPT creator OpenAI...

(Bloomberg) -- Insiders at the Magnificent Seven tech companies are following Jeff Bezos and Mark Zuckerberg in realizing gains from the stocks that have largely powered the boom in US equity markets.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorArm Slides as Tepid Outlook Fuels Concerns Over AI SlowdownAlmost a dozen executives...