Investment in AI-resistant ‘Halo’ companies helps push UK and EU markets to record highs

Investors are shifting toward physical assets that are partially insulated from disruption, says Goldman Sachs

Investors have a new mantra as they prepare for AI to shake up the global economy - the Halo trade.

Interest in Halo - short for heavy assets, low obsolescence" - has risen as investors seek out companies with tangible, productive assets, which might be insulated from AI disruption, such as energy and transport infrastructure companies.