MA Financial’s tech caution pays off as AI shakes up private markets

MA Financial says its reluctance to lend to technology companies has paid off at a time when other private asset managers more at risk have been penalized for fear of disruption from artificial intelligence.

The ASX-listed company manages $15.3 billion worth of loans, shopping centers, pubs, marinas and other properties, as well as a business advisory division, a mortgage division and a brokerage platform.

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