JANA Podcast: 2025 Structural Themes - AI & Capital Market Assumptions

In this episode of the JANA Podcast, Christopher Beattie sits down with Chris Worthington (JANA’s Head of Quant & Risk) to explore how JANA has incorporated AI into its Capital Market Assumptions (CMAs) for the first time.

The pair discuss:

  • Why AI is now a structural theme – what makes AI different from past market trends?
  • Adjusting CMAs for AI – how JANA balanced optimism with caution
  • AI hype vs. reality – Lessons from the Dot-Com bubble and why AI’s economic impact is still uncertain
  • Key AI signposts for investors – What to watch for in the coming decade to assess AI’s real-world impact

Tune in to hear how AI could reshape long-term investment strategy and what it means for portfolio construction in 2025 and beyond. 

Important information

This podcast is issued by JANA Investment Advisers Pty Ltd (ABN 97 006 717 568) (AFSL 230693) (‘JANA’). It is intended for use only by a ‘wholesale client’ (as defined in the Corporations Act).

Where JANA relies on third parties to provide information used in this recording, JANA its directors and its employees, are not responsible for the accuracy of that information. Opinions expressed constitute JANA’s judgement at the time of this publication and are subject to change. Subsequent changes in circumstances may also affect the accuracy of the information.

Any past performance noted in the recording is not indicative of future performance.

JANA does not provide any guarantee about the future performance of the investment products, managers, asset classes or capital markets discussed.

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JANA respectfully acknowledges the Traditional Custodians of the land where we work and live. We pay our respects to Elders past, present and emerging. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.