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Global stockpicker Peter Rutter ponders future of AI riches

Peter Rutter and his team are back in Australia under a new Pinnacle-backed banner, and they are trying to solve the investing question of our time: data centres or software?

Jonathan Shapiro

The funds management industry may be out of favour. But you wouldn’t know it if you attended an event hosted by Pinnacle last week.

The ASX-listed house of boutique fund managers delivered its best result earlier this month and on Thursday it packed out the swish new Macquarie-owned ballroom above the Martin Place metro station with clients.

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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/global-stockpicker-peter-rutter-ponders-future-of-ai-riches-20250205-p5l9si