As investors grapple with the wild swings in oil prices and the sharemarket from an escalating war in Iran, fund managers from Firetrail to Hyperion have revealed some of their best bets amid the heightened volatility.

Speaking at a Pinnacle Australian equities event on Wednesday, which also included Longwave, Spheria and Solaris, the stock pickers discussed jittery market sentiment, but also brought up artificial intelligence no fewer than 50 times after last month’s global rout in software stocks.

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