371. Finding real value in tech investing

Discover the dynamic world of technology with Allianz Technology Trust’s lead manager, Mike Seidenberg. From navigating mega-cap dominance and tariff concerns to uncovering opportunities in AI and cybersecurity, he shares how his team balances risk, valuation, and long-term conviction. Listeners gain insights into the global nature of the tech sector, the evolving impact of artificial intelligence, and why disciplined portfolio management remains key in an ever-changing market.

What’s covered in this episode: 

• How the trust handles Nvidia and other giants without overloading risk
• Early impacts of US-China tariffs and global events on tech earnings
• Why international markets matter
• Re-entering into China with key holdings like Alibaba and Tencent
• Why artificial intelligence is a true secular opportunity
• Cybersecurity insights and consolidation
• Why cyber spend is non-negotiable.
• How the trust balances high-growth, GARP, and value plays in an expensive tech market
• The trust’s current tilt
• Navigating tech’s pricey landscape

More about this fund: This trust seeks long-term capital growth by scouring the globe to build a diversified portfolio of technology stocks. The management team focuses on themes that are addressing major growth trends that can replace existing technology or change how products and services are being made available to consumers. The result is a high-conviction portfolio of 40-70 names.

Learn more on fundcalibre.com

Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.