Fund Beating 99% of Peers Bets Big on Taiwan’s Smaller AI Stocks

A fund focusing on smaller Taiwanese firms in the AI supply chain has emerged as a big winner, with a diversified strategy helping it weather the volatility that has rattled the industry over the past year.

The Nomura Taiwan High Tech Fund run by George Hsieh has outperformed 99% of its peers and returned 164% in the last 12 months. Despite the war in Iran, it has gained 29% so far this year, versus a 9.5% increase for the island’s benchmark stock index.