Jack Hu’s Phoenix Growth Fund utilises Anthropic’s AI platform to screen and select investments, achieving significant returns and demonstrating the growing impact of artificial intelligence on asset management strategies.
Jack Hu’s Phoenix Growth Fund has used Anthropic’s Claude platform to sift investment opportunities and, according to Sharecafe, has delivered strong returns while avoiding losses that have hit many peer growth funds. The fund returned 6% in the three months to January and is up 32% over the past year, outperforming its benchmark by 22%, the article reports.
Phoenix relies on a partnership with Boutique Capital for compliance, administration and licensing while Hu uses Claude to evaluate roughly 80 metrics , from news flow to sector momentum , trimming the time he spends on each term sheet from about 15 minutes to around one, according to Sharecafe. Hu tells the publication he expects rapid advances in AI to reshape many software-as-a-service businesses but that firms with deeply embedded workflows, regulatory barriers, high switching costs and mission-critical roles are best placed to endure. That view underpins recent purchases of Pro Medicus and WiseTech Global for the fund.
Pro Medicus, an Australian supplier of medical imaging software with operations in North America and Europe, is described in company profiles as a long-established player in radiology information systems and image archiving, serving hospitals and diagnostic imaging groups. Industry reporting and filings show Pro Medicus has marketed its products to health institutions across several regions for decades. WiseTech Global, meanwhile, is known for its CargoWise logistics platform and is widely cited as holding strong market positions with pricing power in freight-forwarding software; more recent corporate activity includes the purchase of US specialist SaaS Transportation to bolster its road-booking and LTL capabilities, industry coverage indicates.
Phoenix organises holdings into three distinct buckets: an early-stage equity capital markets sleeve populated currently by gold, silver and rare-earth names; a second bucket largely comprising ASX-listed stocks that accounts for about 35% of the portfolio; and a third that contains options, managed funds and pre-IPO opportunities. Sharecafe notes many positions are transitioned from the capital-markets bucket into the listed-equity bucket as they mature.
The fund’s performance is attributed in part to its AI-driven screening and to diversification across asset types that allows rapid capitalisation on opportunities while moderating downside. The use of Anthropic’s Claude follows a period of intense investor interest in Anthropic itself: reporting from September 2025 noted the company raised a sizable funding round valuing it well into the tens of billions, underlining the scale of investment flowing into advanced AI platforms that asset managers are increasingly integrating into research and operations.
While AI tools can accelerate analysis and surface ideas, industry observers caution that model outputs require human oversight and that reliance on third-party platforms introduces operational and governance considerations. Phoenix’s reliance on a regulated support partner for licensing and compliance addresses some of those concerns, but the broader trend raises questions about how investment teams balance machine-driven insight with traditional due diligence.
By combining machine-assisted screening with a concentrated selection of software names that Hu judges resilient, plus exposure to commodities and alternative instruments, Phoenix has so far posted returns that outpace many rivals. Whether that outperformance is sustainable will depend on market conditions, the durability of the chosen software franchises, and how effectively AI inputs are managed within a governed investment process.
- https://www.sharecafe.com.au/2026/03/02/ai-powered-fund-outperforms-market/ – Please view link – unable to able to access data
- https://www.sharecafe.com.au/2026/03/02/ai-powered-fund-outperforms-market/ – Jack Hu’s Phoenix Growth Fund is outperforming many rival growth funds by using Anthropic’s artificial intelligence platform Claude to analyse potential investments. Boutique Capital supports the fund by handling compliance, administration, and licensing. The AI model assesses companies based on around 80 parameters, including news flow and sector momentum, reducing the time Hu spends studying term sheets from 15 minutes to just one. Hu believes AI is developing rapidly, which will disrupt many software-as-a-service (SaaS) businesses. However, he is betting that SaaS companies with deeply embedded workflows, regulatory hurdles, high switching costs and mission-critical infrastructure will survive. As a result, he has recently added Pro Medicus and WiseTech Global to the fund. Pro Medicus provides medical imaging software. WiseTech Global develops and delivers software solutions to the logistics industry. Phoenix’s portfolio is divided into three buckets: equity capital market deals, mostly ASX-listed stocks, and alternative assets. Many stocks graduate from the first bucket, made up of equity capital market deals, to the second bucket, which comprises 35 per cent of the fund. Currently, the first bucket is filled with gold, silver and rare earths stocks. The third bucket includes options, managed funds and companies preparing to float, like SpaceX. Phoenix has avoided the losses suffered by other growth funds, returning 6 per cent in the three months to January and climbing 32 per cent over the past year, outperforming its benchmark by 22 per cent. This is partly due to its AI-driven approach and diversified portfolio structure, allowing it to capitalise on opportunities while mitigating risks.
- https://www.forbes.com/companies/pro-medicus/ – Pro Medicus is an Australian company that develops and supplies healthcare imaging software and services to hospitals, diagnostic imaging groups, and other related health entities in Australia, North America, and Europe. Founded in 1983, the company is based in Richmond, Australia, with offices in Berlin and San Diego. Pro Medicus offers products such as radiology information systems and image archiving tools, catering to the needs of medical imaging professionals and institutions.
- https://www.starkinsider.com/2025/09/anthropic-170-billion-valuation-ai-funding-round.html – Anthropic, the creator of the AI model Claude, has raised $13 billion in a Series F funding round, bringing its valuation to $183 billion. The round was co-led by Iconiq Capital, Fidelity Management & Research, and Lightspeed Venture Partners, with participation from the Qatar Investment Authority and other investors. This significant funding underscores the growing interest and investment in AI technologies, particularly in the enterprise sector, as companies like Anthropic continue to develop advanced AI solutions for various applications.
- https://www.fool.com.au/2025/09/27/my-top-asx-stock-picks-for-long-term-wealth/ – WiseTech Global is a company that develops software solutions for the logistics industry, offering platforms that support freight forwarding and supply chain coordination. The company’s CargoWise platform helps freight forwarders and logistics companies manage complex supply chains, an area that has become increasingly important as global trade continues to expand and digitise. With near-monopoly status in many markets and significant pricing power, WiseTech is considered a high-quality growth business that could continue rewarding shareholders as trade volumes and globalisation trends persist.
- https://www.aspecthuntley.com.au/asxdata/20221216/pdf/02613705.pdf – The document provides information on various companies, including Pro Medicus Limited, which engages in the development and supply of healthcare imaging software and services to hospitals, diagnostic imaging groups, and other related health entities in Australia, North America, and Europe. The document also mentions other companies such as PEXA Group Limited, which operates a digital property settlements platform in Australia, and ReadyTech Holdings Limited, which provides SaaS technology for education and work pathways, workforce solutions, and government and justice markets in Australia.
- https://www.bossequity.com/news/software-tech-ma-news – WiseTech Global has announced the acquisition of SaaS Transportation, a specialist US transport management solutions provider for Less Than Truckload (LTL) shipping. SaaS Transportation provides LTL and logistics transportation management solutions to third-party logistics companies and shippers with integrated quoting, booking, and tracking. The acquisition aims to extend WiseTech Global’s road booking and road rates offering to its customer base, enhancing its presence in the US logistics market.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The article was published on March 2, 2026, and there are no indications of recycled or outdated content. The information appears current and original.
Quotes check
Score:
8
Notes:
Direct quotes from Jack Hu and other entities are present. However, these quotes cannot be independently verified through external sources, raising concerns about their authenticity. Further verification is recommended.
Source reliability
Score:
6
Notes:
The article originates from Sharecafe, a niche financial news outlet. While it provides detailed information, the lack of corroboration from major news organisations or independent sources diminishes its reliability.
Plausibility check
Score:
7
Notes:
The claims about Phoenix Growth Fund’s performance and investment strategies are plausible. However, the absence of independent verification and reliance on a single source for these claims reduce their credibility.
Overall assessment
Verdict (FAIL, OPEN, PASS): FAIL
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The article presents information about Phoenix Growth Fund’s performance and investment strategies, but it relies solely on Sharecafe’s reporting without independent verification. The inability to verify direct quotes and the lack of corroboration from major news organisations or independent sources diminish the credibility of the content. Further verification from independent, reputable sources is necessary before considering publication.