Active engagement is at the heart of our approach to sustainable investing. We believe it is the most effective way to influence corporate behaviour, build a more sustainable future and, ultimately, improve client outcomes. Learn about how we are driving positive change on key sustainability issues.

In recent weeks, Google search trends for the phrase “stock market bubble” have reached record levels. Fidelity Global Special Situations Fund Portfolio Manager Jeremy Podger shares his views on the current state of markets, alluding to a number of smaller bubbles forming and their implications for investors.

While global issues continue to impact sentiment towards Chinese equities, Dale Nicholls discusses some of the local drivers that are structurally shifting the investment landscape. As consumption continues to drive Chinese GDP growth, he outlines how this overarching theme continues to create new opportunities across a range of sectors.

Fidelity Global Technology Strategy Portfolio Manager Hyun Ho Sohn emphasises the need for a global perspective in technology investing.

Six months into the post-Liberation Day rally, equities are at record highs and credit spreads are at multi-decade tights. Against this backdrop, find out how Fidelity’s absolute return strategies can help position for what is to come.

Markets are back in risk-on mode, but investors should be selective in their portfolio construction. Best now to carry a broad basket of assets.

Companies around the world are rushing to turn the flying car dream into reality. A test flight in China offers Fidelity International analyst Reggie Pan a glimpse of what the future of transportation could look like.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources.   

Alex Wright and Jonathan Winton, portfolio managers of the Fidelity Special Situations Fund and Special Values PLC, explore why – despite delivering strong performance this year – the UK market continues to offer exciting opportunities for investors.

In the latest episode of The Investor’s Guide to Asia, Fidelity portfolio managers Tae Ho Ryu and Terence Pang discuss how a small asset class in the fixed income universe has staged a return after being battered by the collapse of a single sector.

Alex Wright, portfolio manager of Fidelity Special Situations and Special Values PLC, discusses the flurry of takeover announcements of companies within the portfolio, despite turbulent markets and sharp currency moves.

Fidelity considers why now is an opportune time to consider diversifying US exposure and looking to smaller companies.

Doubts over the direction for interest rates and the over-concentration of stock markets hint at a need for more robust, diversified portfolios going into the final months of 2025.

Marcel Stötzel, Co-Portfolio Manager of the Fidelity European Fund and Fidelity European Trust PLC, outlines why quality businesses backed by strong balance sheets and dividend growth potential remain well placed to deliver strong relative returns over the long-term.

In this monthly video series, Fidelity's Multi Asset team dissect what's changed in markets, what's new and what they're keeping an eye on. This month, portfolio manager Chris Forgan focusses on fixed income. 

In Fidelity’s 2025 European Investor Sentiment Survey, the majority of respondents say they are on track to meet their pension income goals – yet they also do not feel ready for a future in retirement.

Fidelity discusses the benefits that a quality income approach can provide when delivered within an ETF wrapper.

Fidelity considers why now is an opportune time to consider diversifying US exposure and looking to smaller companies.

With another sell-off in long-dated sovereign bonds across key markets such as the US and UK, Fidelity Strategic Bond portfolio manager Mike Riddell outlines why cheaper isn’t always better.

Fidelity’s Jason Humphrey provides his expert insight into what should be on investors’ due diligence checklist when selecting equity index funds.

Fidelity portfolio managers Shamil Gohil and Kris Atkinson explain why high-quality yields in the more defensive sterling credit universe are attractive both historically and compared to other developed markets.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources.

With US tariffs still dominating discussion and core US economic data missing the mark, Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund highlights why his highest conviction FX view is being short USD against a basket of EM currencies. 

Fidelity examines the new class of higher-conviction active ETFs, explaining how recent market developments are setting the stage for greater levels of active research to be delivered to investors via the ETF structure.

Fidelity Global Equity portfolio manager Ashish Kochar explains why he wouldn’t bet against the big payment incumbents due to their scale, trust and ability to innovate.

Fidelity Asia Pacific Opportunities portfolio manager Anthony Srom highlights why now is the time to look through the macro noise and focus on fundamentals.

In this monthly video series, our Multi Asset team dissect what's changed in markets, what's new and what they're keeping an eye on. This month, portfolio manager Caroline Shaw explains why we are happy to retain gold in our well diversified multi-asset portfolios.

Himalee Bahl, Investment Director of Fidelity Asian Values PLC, reviews the fundamental backdrop facing investors in Asia and why the Trust can continue to reward investors.

Alex Wright, portfolio manager of Fidelity Special Situations & Special Values, outlines why he remains optimistic about the prospects of the UK market.

Fidelity portfolio manager Chris Tennant outlines why now is the time for investors to revisit an asset class that has long been out of favour: emerging market equities.

Introducing Fidelity’s Kaleidoscope, which investigates some of the key opportunities and risks facing investors in today’s era of increased geoeconomic fragmentation. 

Market disruptions bring higher potential for volatility, but also opportunities, and investors are best placed to stay focused on the long term.

Fidelity’s approach to absolute return investing across global equity markets seeks to deliver attractive portfolio outcomes across all market conditions.

Fidelity looks at how the ETF market is evolving with a focus on higher-conviction active ETFs and their potential applications.

In a shift from a world where investors were concerned about secular stagnation to one where inflation, public debt and interest costs are front of mind, absolute return strategies can play a crucial diversification role for investors.

Fidelity Global Equity Income assistant portfolio manager Tristan Purcell examines the historical context of US market dominance and embedded risks in current concentration levels, while outlining attractive opportunities among defensive dividend-paying companies.

As the case for European equities gains wider recognition, Fidelity portfolio managers Fred Sykes and Marcel Stotzel explore the compelling opportunity for investing in world-class quality companies listed in the region.

In this new monthly video series, our Multi Asset team dissect what's changed in markets, what's new and what they're keeping an eye on. This month, portfolio manager Caroline Shaw focuses on the defence trade - looking at how investors can build broader portfolio resilience in challenging times.

Fidelity’s Hyun Ho Sohn examines M&A’s role within the global technology sector, reflecting on past successful acquisitions involving portfolio holdings and outlining key recent deals across food delivery, semiconductors and software.

Alex Wright, portfolio manager of Fidelity Special Situations & Special Values, examines the recent resurgence of UK equities and outlines why he expects outperformance to continue as buying interest returns to the market.

Following heightened tariff-related volatility, Dale Nicholls, portfolio manager of Fidelity China Special Situations PLC, assesses the evolving Chinese equity landscape and outlines why current market dislocations may present compelling opportunities.

Fidelity believes the recent US trade policy shift will have significant ramifications for US dollar exchange rates.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources.

Fidelity examines why European real estate is well-positioned to deliver income growth – even in a subdued macroeconomic environment.

As we witness the fragmentation of the global economic, technological and security orders, Fidelity expects the tangible consequences of deglobalisation to continue to become more evident.

Tariffs – and their knock-on effects – create fresh cost pressures for companies around the world. But the effects will not be distributed evenly.

Fidelity explains why focus is shifting from mere life expectancy to healthy life expectancy, emphasising prolonged engagement in work, society, and the economy.

Ian Fishwick, portfolio manager of the Fidelity Sterling Corporate Bond Fund, discusses how current all-in-yields and the rate-cutting cycle create a compelling case for income and capital appreciation for the asset class.

Fragmentation of the global economic, technological and security orders has the potential to impact international capital flows and could justify more geographically diversified equity positioning, says Fidelity. 

Fidelity portfolio manager George Estathopoulos outlines why he believes mid-caps are poised to benefit from these shifting global dynamics. 

Through adversity comes opportunity. Six months ago it was unthinkable to back European stock markets over those in the United States. But through a period of substantial change in policy, and even the post-war globalisation consensus itself, that debate has become a live one, high on the agenda for both heavyweight investors and the latest episode of Fidelity Answer.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources. While tariffs may not be as high as was originally proposed, policy uncertainty remains, which will likely weaken US and global growth. As such, recent events have reinforced the team’s conviction in maintaining a bearish stance towards the US dollar.

Fidelity’s Global Technology portfolio manager Hyun Ho Sohn discusses how staying disciplined and not getting carried along by momentum has helped navigate a challenging period for tech investors. He also reviews the current opportunity set, highlighting underappreciated potential arising from AI adoption and provides his insights on ongoing innovation across the sector.

We ask Laura Whetstone, Director at Lathe & Co Wealth Advisers, about the challenges financial planners and their clients have when approaching retirement, including cashflow reporting and the impact of the pensions and IHT policy changes. Paul Squirrell also asks John Hale how platforms are rising to these challenges and how they can support the changing income needs of clients through retirement.

Liquidity management, capital preservation and yield enhancement are the three main functions of cash strategies. In volatile markets, the weight of each component takes on new meaning, with significant implications for investors’ ability to meet their goals.

China has responded well to the US trade war. Fidelity explains why other domestically focussed economies could fare even better.

Fidelity International analysts who cover companies in China and America, the two protagonists in the nascent trade war, share their views.

Fidelity’s ETF team examine the factors behind active ETF liquidity and discuss why composition is an important factor to consider.

As the tech sector grapples with significant challenges and uncertainty weighs on investor sentiment, Fidelity’s Hyun Ho Sohn believes understanding the adaptability of quality businesses is more crucial than ever.

Fidelity’s Alex Wright highlights why the UK market – with its low valuations, strong earnings growth and high dividends – remains an attractive environment for contrarian stock pickers and well positioned to weather the tariff storm.

As volatility related to US tariffs continues to spook markets, Nick Price and Chris Tennant, portfolio managers of Fidelity Emerging Markets Ltd, examine the impact on portfolio holdings.

Amid escalating US-China trade tensions and as Fidelity China Special Situations PLC celebrates 15 years since listing on the LSE, portfolio manager Dale Nicholls takes stock of recent events and outlines his positioning.  

The volatility profile of long-duration assets necessitates a broader reconsideration of portfolio construction norms. Cash - often considered a drag on performance - is reclaiming a position of strategic significance amid elevated market uncertainty.

Entering Q2 2025, China's economy shows signs of recovery amid ongoing US-China trade tensions, with tariffs impacting exports but less reliance on the US market offering some cushioning.

Fidelity explains how equity market neutral strategies can harness the power of volatility.

Despite market speculation about potential Bank of England intervention, Fidelity fixed income portfolio manager Shamil Gohil outlines why he believes current conditions do not necessitate such measures.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, examines the key drivers behind the recent sell-off of US Treasuries and the impact of US trade policy on yields over the longer term.

An opportunity for the euro? Time to buy gold? The opportunities and risks of a period of profound volatility in markets dominate the latest Fidelity Answers podcast.

Against a backdrop of increased uncertainty and volatility, investors may benefit from strategies that focus on quality and income factors that have the ability to produce steady and robust returns through the investment cyfcle.

Do you want income from your capital? How much do you want and what are you prepared to sacrifice for it?

The new US tariffs sound the death knell of globalisation. Fidelity believes markets have underestimated their scale and there are substantial risks to global growth as a result.

Against an increasingly uncertain macroeconomic backdrop, a selection of Fidelity’s multi asset portfolio managers explore how they approach investing in this environment and how they have tackled the last few months.

Geography matters when it comes to trade, according to Fidelity International’s analysts. The further east you go, the fewer expect tariffs to have an adverse effect on their companies.

Fidelity’s investment team outline five key themes that may explain some of the short-term volatility, but ultimately underpin the compelling case for investing in US equity markets.

Amid heightened global market volatility triggered by President Trump’s trade policies, Fidelity’s local investment team outline the attractive opportunities in Japan’s stock market.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources. Against a backdrop of increased global market volatility, potentially signalling the end of the US exceptionalism trade, he outlines why the team has become less bullish on US Treasuries in the context of less attractive valuations.

Tariffs, funding freezes, and government spending cuts have caused investors to reassess the outlook. The chances of stagflation have grown, but policy will stabilise, and opportunities will appear, both domestically and globally.

The unpopularity of the UK market in recent years has made it an attractive hunting ground for contrarian value investors. While investors continue to be seduced by the charms of the US technology sector, we believe the UK market has an underappreciated richness of opportunity, combining strong earnings growth, high dividend yields and low valuations.

Negative headlines about geopolitics might suggest Asian companies will struggle to push technological boundaries. Quite the opposite, say Fidelity portfolio manager Tina Tian and technology analyst Jonathan Tseng, in this latest episode of The Investor’s Guide to Asia.

March’s meeting saw the US Federal Reserve firmly in wait and see mode. Tariffs and growth are the issues.

While the economic targets announced at China’s recent National People’s Congress (NPC) are mostly in line with expectations, it appears Beijing has saved ammunition for when the extent of US tariffs becomes clearer.

Fidelity’s fixed income portfolio managers highlight why they continue to find the best risk-adjusted opportunities in the front end of the sterling credit curve.

Nitin Bajaj, portfolio manager of Fidelity Asian Values PLC and the Fidelity Asian Smaller Companies and China Focus Funds, reviews the fundamental backdrop facing investors in Asia.

Fidelity outlines how its active ETFs can help investors navigate shifting dynamics by targeting specific market exposures and investment outcomes.

China's economic landscape presents a mix of challenges and opportunities for investors. While tariffs and regulatory concerns have impacted sentiment, the focus on domestic revenue-generating companies and supportive government policies offer a cautiously optimistic outlook. Fidelity China Special Situations PLC portfolio manager Dale Nicholls shares his latest thoughts on the investment outlook for China and how the trust is positioned to navigate the current environment.

The Latin America index derated significantly last year as fiscal pressures in Brazil, and a volatile political backdrop for Mexico squeezed equity markets. However, Chris Tennant, co-portfolio manager of Fidelity Emerging Markets Ltd, outlines why there are reasons to be more optimistic on the region than valuations suggest and highlights the areas of the market where he sees the best opportunities.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources. Amid the general macro uncertainty, he highlights the team’s recent strategy of ‘fading Trump trades’ by taking positions that benefit from a slowdown in US growth.

China’s economy is increasingly driven by innovation and policy that supports technology and science. The recent breakthroughs in AI reinforce our view that China is an allocation worth making.

A recent survey we conducted alongside Coalition Greenwich shows that environmental, social, and governance concerns remain high on investors agendas.

Fidelity Global Multi Asset Income portfolio managers Talib Sheikh and Becky Qin discuss their outlook for the strategy, portfolio positioning and key highlights of 2024, including performance. In an environment characterised by higher inflation and volatile markets, they highlight why the Global Multi Asset Income strategy remains an attractive proposition for income seeking clients in 2025 and beyond.

Artificial intelligence is expected to have a minimal impact on companies’ profitability in 2025, with most of its potential still some years away. For now, though, the big names in technology are still going strong as they prepare the ground for this brave new world.

Sam Morse and Marcel Stötzel, portfolio managers of Fidelity European Fund and Fidelity European Trust PLC, examine the challenges and opportunities facing investors in European equities. Despite an uncertain macro backdrop, they explain why a focus on high quality companies with strong balance sheets and sustainable dividend growth can continue to drive attractive long-term returns for investors in the region.

Fidelity fixed income portfolio manager Kris Atkinson outlines his latest views on interest rate risk from here and highlights why he still remains long UK duration.

Multi Asset Open portfolio managers Caroline Shaw and Chris Forgan discuss why the weak growth outlook for the UK requires a more nuanced investment approach. They share how they are taking the best macro and manager selection research to add alpha from top-down and bottom-up sources.

The reduced effectiveness of traditional diversification strategies is encouraging investors to reconsider the role of liquid alternatives. Fidelity examines the case for these strategies to add portfolio resilience.

What do thousands of company meetings tell investors about the state of the world in 2025? Fidelity International’s annual Analyst Survey answers this question and more.

Most of AI’s potential is still some years away, but for now, says Fidelity, the big names in technology are still going strong as they prepare the ground for this brave new world.

Gilts have been in the spotlight as part of the recent global bond selloff, with many market narratives surrounding the latest turmoil. Here, fixed income portfolio manager Shamil Gohil outlines the causes of the volatility, possible paths ahead and how we are positioned in this environment.

Fidelity China Equity portfolio managers Dale Nicholls and Hyomi Jie share their latest views on the risks and opportunities facing investors in the region.

Fidelity’s annual Analyst Survey gels the views of more than 100 analysts who cover sectors and companies across the world in detail and in depth.

Could the president’s second term be as much about dealmaking as inflation? Fidelity’s analysts take stock.

With high valuations continuing to pose a risk in some parts of the market, Fidelity explains the attributes of its Quality Value ETFs, which seek to capture equity market upside through a differentiated approach to value investing.

Fidelity’s Giselle Lai, Associate Investment Director, Digital Assets, discussed developments in the digital asset landscape with Martha Reyes, Research Analyst at Fidelity Digital Assets®.

The ongoing global government bond selloff has pushed 30-year gilt yields to their highest level since 1998, drawing comparisons to the fallout from the Truss government’s 2022 budget fiasco. Fidelity Strategic Bond portfolio manager Mike Riddell explores the key factors driving the sharp rise in bond yields and analyses the implications for UK fixed income markets.

Fidelity Emerging Markets portfolio managers Nick Price and Chris Tennant discuss their outlook for emerging market equities, exploring signs of stabilisation in China, as well as opportunities in markets as diverse as Mexico and India.

Fidelity China Special Situations PLC portfolio manager Dale Nicholls shares his outlook for 2025 and provides an insight into how he is looking to position the portfolio against an evolving macro backdrop.

Fidelity Emerging Markets portfolio managers Nick Price and Chris Tennant discuss their outlook for emerging market equities, exploring signs of stabilisation in China as well as opportunities in markets as diverse as Mexico and India.

Senior members of Fidelity’s investment team explore the key factors driving markets and analyse the implications for the world's major asset classes as we head into 2025.

Fidelity Sterling Corporate Bond portfolio managers Ian Fishwick and Kris Atkinson share their outlook for 2025 and provide an insight into how they are looking to position the portfolio against an evolving macro backdrop.

Fidelity European and European Trust portfolio managers Sam Morse and Marcel Stötzel share their outlook for 2025 and provide an insight into how they are looking to position the portfolios against an evolving market backdrop.

Fidelity Global Multi Asset Open range portfolio managers Chris Forgan and Caroline Shaw share their outlook for 2025 and provide an insight into how they are looking to position the portfolios against an evolving macro backdrop.

Fidelity’s Giselle Lai, Associate Investment Director, Digital Assets, discussed the latest developments in the digital asset landscape with esteemed guest speaker, Martha Reyes, Research Analyst at Fidelity Digital Assets®.

Fidelity Strategic & Flexible Bond portfolio managers Mike Riddell and Tim Foster share their outlook for 2025 and insights into how they are looking to position the portfolios against an evolving macro backdrop.

Fidelity Global Future Leaders co-portfolio managers James Abela and Maroun Younes share their outlook for 2025 and outline how they’re looking to position the portfolio against an evolving macro backdrop.

Fidelity Global Dividend and Sustainable Global Equity Income portfolio managers Dan Roberts and Aditya Shivram share their outlook for 2025 and how they are looking to position the portfolios against an evolving macro backdrop.

Fidelity Global Technology Strategy portfolio manager Hyun Ho Sohn shares his outlook for 2025 and provides an insight into how he is looking to position the portfolio against an evolving macro backdrop.

Alex Wright, portfolio manager of Fidelity Special Situations & Special Values, shares his outlook for 2025 and provides an insight into how he is looking to position the portfolios against an evolving macro backdrop.

Fidelity Multi Asset Income portfolio managers Talib Sheikh, George Efstathopoulos and Becky Qin share their outlook for 2025 and provide an insight into how they are looking to position the portfolio against an evolving macro backdrop.

We are positive on risk assets despite being later in the cycle.

After navigating an interest rate hiking cycle, fixed income investors face a completely different challenge in 2025.

A decisive US election, political ructions in Europe, and the first signs of Chinese fiscal action spell more volatility for stock markets in 2025. And new roads to returns.

A material shift in politics makes reflation of the US economy our base case for 2025.

The year ahead promises a different environment for financial investors, but it is clear earnings in many areas will improve and the global mood is positive.

The active European ETF market has continued its impressive growth in 2024, and is likely to continue to grow rapidly over the coming year.

A material shift in politics makes reflation of the US economy Fidelity’s base case for 2025. Salman Ahmed, Global Head of Macro and Strategic Asset Allocation, gives his outlook.

Chancellor Rachel Reeves delivered the much-anticipated first Budget of the new Labour government on 30 October, outlining her plans to plug the £22 billion ‘black hole’ in the nation’s finances. Fidelity's Paul Richards and Paul Squirrell got together to examine exactly what’s changed – and what hasn’t changed – in areas such as pensions, ISAs and capital gains tax. They also consider inheritance tax and pensions and what the Chancellor’s proposals means for estate planning.

Donald Trump has won the US presidential election. Here, Fidelity International’s economists and investment managers discuss some of the likely impact.

With the government’s inaugural budget fast approaching, there has been some speculation that recent rises in gilts yields could be indicative of investors anticipating a ‘Truss 2.0’ budget fiasco, with another potential subsequent jump in UK borrowing costs as a result. However, our fixed income portfolio managers expect this post-election budget to be a largely benign event for UK gilt markets. From a credit perspective, they continue to see the best risk-adjusted value at the front end of the credit curve.

The rise of Chinese online shopping platforms like Temu and Shein is evidence that the country has gone from selling goods abroad to exporting entire business models. Can China’s e-commerce companies replicate their domestic success globally, from Southeast Asia to North America?

It might be an exaggeration to roll out the often-misattributed quote that “There are decades where nothing happens; and there are weeks where decades happen”. However, Kris Atkinson, fixed income portfolio manager, argues recent events in the US and Germany certainly makes it feel that way. He believes it should be regarded as an opportunity to reassess and rethink portfolio positioning. Here he offers his latest views on interest rates and credit, and why he continues to play for lower yields and steeper curves, while de-risking the credit side of portfolios.

Amid heightened geopolitical risks, Fidelity Multi Asset Open range portfolio manager Chris Forgan outlines his views on the current market backdrop and where he sees opportunities across asset classes.

Fidelity’s Talib Sheikh shares his take on the US election result, the outlook for asset classes, and how Fidelity’s multi asset income range is positioned, highlighting the increased exposure to defensive quality income equities.

Fidelity’s locally based team share their perspectives on the impact of China’s recent stimulus measures and their implications for markets.

Fidelity’s Ben Deane assesses the credit landscape, highlighting why he believes that all-in yields remain attractive and the recent rise in yields offers an attractive entry point for investors.

No surprises from Rachel Reeves’s tax-spend-and-borrow Budget, says Fidelity’s Tom Stevenson.

Fidelity's absolute return strategy can help investors diversify and enhance equity return drivers in an environment in which macroeconomic and market volatility are elevated.

With UK equities trading at their most attractive levels, strong corporate earnings, and an improving domestic economy, it’s time to capitalise on the significant upside potential still on offer, says Fidelity’s Alex Wright.

Dale Nicholls, portfolio manager of Fidelity China Special Situations PLC, outlines why China’s stimulus measures could turn the tide in economic fundamentals, potentially driving a sustained improvement in market sentiment and further stock re-rating.

Nitin Bajaj, portfolio manager for Fidelity Asian Values PLC, discusses his approach to identifying opportunities across Asia and how he is always looking to find quality businesses with strong fundamentals.

Portfolio manager Talib Sheikh provides an update on recent positioning moves within Fidelity’s multi asset income range, highlighting the increased exposure to defensive quality income equities.

Fidelity Global Future Leaders co-portfolio managers James Abela and Maroun Younes explore how the global small and mid-cap segment offers investors attractive sources of diversification and returns.

Portfolio manager Talib Sheikh provides an update on recent positioning moves within Fidelity’s multi asset income range, highlighting the increased exposure to defensive quality income equities.

Ian Fishwick, lead manager of the Fidelity Sterling Corporate Bond Fund, discusses why a combination of falling interest rates, and an attractive starting level of yield, are increasing the investment case for the asset class.

Fidelity’s Sam Morse and Marcel Stötzel explain why a focus on high-quality companies with strong balance sheets and sustainable dividend growth can continue to drive attractive long-term returns for investors in Europe

The equity-bond correlation has turned negative and it seems that bonds can perform a hedging role once again – however, it’s the context that matters, says Fidelity.

Labour market fragility pushed the Fed into more aggressive action, but what it does next hangs in the balance. Fidelity’s Salman Ahmed explores the reasons behind the cut and its implications.

One of the most consistent themes over the past 15 years has been the outperformance of US equities – Fidelity explores why they have been so successful and whether the trend will continue.

The breadth and implications of the energy transition reveal a lot for investors to consider, so Fidelity has compiled a practitioner's guide to some of the key topics.

Marty Dropkin, Head of Equities, Asia Pacific, outlines how investors can position to capture long-term value and embrace what’s next in the region’s development.

One of the most consistent themes in financial markets over the past 15 years has been the outperformance of US equities. Why have US equities been so successful and will the trend continue?

Recent spikes in market volatility, slowing macro signals and stretched valuations are among the many signs that are pointing to a global slowdown. In this environment, portfolio managers Kris Atkinson and Shamil Gohil outline why they are de-risking portfolios and shoring up liquidity as they focus on high quality alpha opportunities and lock in still attractive all-in-yields in investment grade credit markets.

Portfolio managers at Fidelity returning from an annual gathering in China explore the themes that are galvanising investment ideas in the region.

As we move further away from a decade of ultra-loose monetary policy, bonds are once again proving their attractive diversification benefits. Our UK fixed income portfolio managers reflect on the recent bout of market volatility and outline the benefits of duration in an environment where investors are increasingly sensitive to weak macro data.

As we move into the second half of the year, the latest data indicates a slowing pace of economic growth and a broad-based easing of price pressures. Henk-Jan Rikkerink, Global Head of Solutions & Multi Asset and his team analyse the recent market volatility and discuss our asset allocation views against this backdrop.

Markets routed at the start of August following soft US jobs data, though we believe the reaction may be misguided. With economic fundamentals remaining resilient, Global Head of Macro & Strategic Asset Allocation Salman Ahmed explains why we think growth is unlikely to fall off a cliff, and a soft landing is still our most expected outcome for the remainder of 2024.

Fidelity’s UK fixed income portfolio managers discuss whether the expectation of further cuts could act as a tailwind for fixed income markets.

After years of underperformance, UK equities could be on the cusp of a much-needed revival in fortunes as the fundamental environment becomes more stable. Alex Wright, portfolio manager of Fidelity Special Situations and Special Values PLC, outlines how the political and economic backdrop is likely to evolve and the unloved areas of the market that could set to benefit.

With visitors heading to Paris for this summer’s Olympics, which French companies stand to benefit? Marcel Stötzel, portfolio manager of the Fidelity European Fund and Fidelity European Trust PLC, examines the changing dynamics of the luxury goods market. He highlights why he continues to favour companies with strong pricing power, which will be well-placed to grow in an uncertain market environment.

In the not-too-distant past, the US was widely predicted to be heading for recession, but both its economic prospects and stock market have since surged ahead and confounded expectations. Maroun Younes, co-portfolio manager of the Fidelity Global Future Leaders Fund, examines the factors behind this resilience and the benefits of looking further down the capitalisation scale as markets show signs of broadening out.

Global Head of Macro & Strategic Asset Allocation Salman Ahmed outlines how Labour’s landslide general election victory has the potential to drive a notable shift in the UK macro landscape. He discusses how policies focused on fostering growth and stability - coupled with a more volatile environment across continental Europe - could present an inflection point for domestic assets after a sustained period of relative underperformance.

As the macro picture in China shows signs of incremental improvements, our locally-based team share their perspectives on how this is impacting the investment environment. They discuss how policy support is likely to evolve across different parts of the economy and where investors should look for opportunities as we go through the second half of 2024.

With Labour winning a commanding majority, it appears that we are back to the 1990s and early 2000s in terms of political regime change, and perhaps even for bond markets. Here, our UK fixed income portfolio managers draw parallels between the current period and the 1990s, where investment grade credit performed well relative to lower quality credit and fundamental credit analysis mattered. As the election noise fades, they outline why fundamentals and valuations will once again drive bond markets.

Henk-Jan Rikkerink, Fidelity’s Global Head of Solutions and Multi Asset, explores three key themes set to shape the global landscape as we move through Q3, and the investment implications.

Fidelity analyses the potential factors that could drive improved returns from the domestic market and outlines key areas of opportunity among value, quality and dividend stocks across the market cap spectrum.

Fidelity Multi Asset Income range portfolio manager Talib Sheikh outlines why investors will need to embrace a broader mix of assets to provide the income, capital growth and diversification they need.

China is transitioning to a new growth model and, although ongoing headwinds may keep volatility elevated for some time, Fidelity believes an allocation to Chinese equities is still worth making.

Fidelity explains why a natural first step is short-dated high-quality corporate bonds and then all-maturity corporate bonds once the curve dis-inverts.

Marcel Stötzel, co-portfolio manager of Fidelity European Fund and Fidelity European Trust PLC, provides an insight into the risks and opportunities facing investors in European equities. With valuations trading at historical lows, he highlights why there is still room for headway to be made and, within this, outlines the enduring potential of investing in pricing power.

The dominance of tech stocks seen in 2023 has continued so far in 2024, driven by a strong rally in artificial intelligence and mega cap names. Fidelity Global Technology portfolio manager Hyun Ho Sohn examines whether this dynamic can endure, while also outlining some of the underappreciated opportunities he sees across the broader tech space.

Money market products boomed in 2023 on the back of a dramatic rate hiking cycle from central banks. But how will these funds perform if rates have peaked? We look at potential different interest rate cutting scenarios and highlight why we expect high quality cash to remain an attractive proposition for cautious income seekers.

More often than not, inflation-linked bond valuations relative to nominal ones underestimate the likelihood of upside inflation surprises, leading to an outperformance of inflation-linked bonds longer term. Timothy Foster, fixed income portfolio manager, examines the market's reaction to the latest inflation data and discusses where opportunity may lie.

Home biases can exist within portfolios but is this due to investment rationale or historical norms? In a more economically and geographically diverse world, Chris Forgan portfolio manager of Fidelity’s Multi Asset Allocator range, explains why home bias can act as a hindrance rather than a help in static allocation portfolios.

The past two years have been marked by a fear of how bad the first sustained economic slowdown since 2008 might become. Yet our annual analyst survey suggests the conditions are settling into place for companies to look towards the expansion that should follow.

Fidelity Global Future Leaders co-portfolio managers James Abela and Maroun Younes review the attractive investment opportunity among global small and mid-caps as we enter a new year. They discuss how they are looking to navigate what remains an uncertain backdrop for the broader market and highlight the enduring case for investing in growing companies before they become household names.

Our Multi Asset team's views on which asset classes and markets are presenting the greatest opportunities and risks.

The Fixed Income Monthly provides a forward-looking summary of the medium-term views from the Fidelity Fixed Income team.

Our investment team highlight the case of short dated credit in today’s environment of rising rates, high inflation and weak growth. Within this, we outline why an active approach, focused on high quality investment grade issuers, will be key to successfully navigating markets.

One in five pubs in Britain has closed, prompting a national outcry at the loss of these national institutions. But rising retail prices and falling energy costs may be putting the industry on a better footing. Fidelity Sustainable Moneybuilder Income portfolio managers Kris Atkinson and Shamil Pankhania explore the unique nature of bonds issued by some of the large UK pub operators and why they offer an attractive proposition for cautious, income-seeking investors.

Bond markets are currently experiencing a rare irregularity with the inversion of the yield curve. Fixed income portfolio managers Kris Atkinson and Shamil Pankhania outline why this offers a unique opportunity for investors in short dated corporate bonds to benefit from some of the most favourable forward looking relative return prospects and attractive valuations in recent history.

Investor sentiment has been far from stable so far in 2023 as bearish positioning at the start of the year has given way to a much more optimistic view over recent weeks. Fidelity Multi Asset Open range lead portfolio manager Chris Forgan reflects on these changing dynamics and outlines why the team are unconvinced by the current market exuberance.

While market sentiment has recently been boosted by expectations of a soft landing, history suggests this may be unlikely given the prolonged monetary tightening. Given the uncertainty, Fidelity Strategic Bond co-portfolio manager Tim Foster explains why we are now finding good carry opportunities from government bonds and in the short part of the curve in credit.

We believe that the right product is always the most efficient product for achieving a client's goals. With this in mind, we have moved to establish a differentiated range of ETFs that can act as best-in-class asset allocation building blocks. Here, we discuss some of the factors that enable Fidelity ETFs to stand out from the other solutions available in the marketplace.

As many of us get ready to fly away in search of summer sun, investors are hoping for cooler markets and a soft landing. With the macro outlook delicately poised, Fidelity Strategic Bond co-portfolio manager Claudio Ferrarese reviews current market dynamics and highlights why the team remain wary of reaching too far down the quality spectrum.

Our Multi Asset team share their latest views on which asset classes and markets are presenting the greatest opportunities and risks.

The results of our ESG Analyst Survey highlight that ESG factors are rising up the priority list for Chinese companies, although Asia’s largest economy still has ground to cover to keep pace with Europe and the US. Victoria Mio, Head of Equity Research - Asia Pacific, discusses where our local analysts are seeing pockets of progress and a cause for optimism.

What gets measured gets managed. But how do you measure something as complicated as biodiversity? Fidelity is a co-sponsor behind a team of researchers from the south of France who travelled into the jungles of Borneo to learn how analysis of sound recordings could soon help investors and companies better assess biodiversity risks.

While investor attention is often drawn to other parts of the emerging markets complex, portfolio manager Chris Tennant outlines why we are feeling optimistic over the outlook for Latin America. He discusses the key themes that are set to drive growth across the region and discusses how Fidelity Emerging Markets Limited is positioned to capture this potential.

New weight loss drugs stemming from type 2 diabetes treatments may change how the world deals with obesity, but healthcare systems are not yet set up to deliver it to the hundreds of millions of potential patients. Our analyst explains the potential opportunities that these new treatments will enable.

With the UK having been a relatively unloved market by investors for some years, recent performance has begun to reignite interest. We examine the reasons to be positive.

Fidelity Multi Asset Income portfolio manager Eugene Philalithis examines the investment case for those income-seeking investors, against the backdrop of higher yields. In a time of heightened market volatility, Eugene lays out why multi asset investing can provide a more consistent yield over the long term.

Investors have two ways of dealing with unsustainable companies: engage with them to help effect change or exclude them from portfolios. Fidelity's Head of Global Stewardship and Sustainable Investing, Jenn-Hui Tan, examines why he believes engagement has much greater potential to positively impact future generations as well as returns over the long term - if an investor is willing to exert their influence.

With an estimated 50% of global GDP dependant on nature, biodiversity has significant implications for investment portfolios. Members of our investment team discuss how policymakers are focusing on biodiversity loss, while also outlining the opportunity this is creating for investors.

While the latest version of ChatGPT is a watershed moment for the popular use of AI technology, misconceptions remain about what it is and what it isn't. Senior tech analyst Jonathan Tseng gives his take and outlines how investors should think about positioning as the AI theme evolves.

The collapse of Silicon Valley Bank has led to a sharp increase in market volatility and raised concerns over financial stability. Our Solutions & Multi Asset team discuss the implications for the real economy and future policy moves, outlining how we are thinking about asset allocation against this backdrop.

The cost-of-living crisis and weak economic outlook have created a challenging environment for UK investors. Yet with much of this reflected in valuations, Fidelity UK Select Fund portfolio manager Aruna Karunathilake outlines why he is increasingly excited about the opportunity in UK equities and reveals the high-quality stocks where he sees greatest potential.

Our investment team highlight the case of short dated credit in today’s environment of rising rates, high inflation and weak growth. Within this, we outline why an active approach, focused on high quality investment grade issuers, will be key to successfully navigating markets over the course of 2023.

More investors are recognising that listed alternatives have the potential to enhance returns and generate income, as well as offer diversification and downside protection benefits to a broader portfolio. Against this backdrop, our team outline how we define and analyse potential listed alternatives opportunities, highlighting the important role that active management can play across this diverse investment universe.

Sustainable investing has been challenged on many fronts of late, with uncertainty likely to persist. Global Head of Stewardship and Sustainable Investing, Jenn-Hui Tan, takes a step back from the noise and discusses how a more mature approach to ESG is emerging, with a greater focus on corporate resilience, the just transition and natural capital.

The poor performance of risk assets in 2022 was highly unusual, with a 60/40 portfolio of US assets enduring one of the worst ever years. Our Global Head of Solutions & Multi Asset outlines why bonds are likely to become less correlated to equities, highlighting our more positive view on high quality bonds.

Alex Wright, portfolio manager of Fidelity Special Situations & Special Values PLC, examines the outlook facing UK investors. Within this, he provides an insight into why value areas are set to outperform in 2023, revealing the unloved areas where he sees overlooked investment potential.

Global Head of Macro & Strategic Asset Allocation Salman Ahmed analyses the confluence of challenges facing the global economy in 2023. He discusses the important role that policymakers and governments will have to play and how this is likely to unfold in the US and other key economic regions.

Fidelity Global Special Situations Fund portfolio manager Jeremy Podger believes valuations are now beginning to look interesting in equity markets and should present compelling investment opportunities for long term investors in 2023. However, stylistic balance and flexibility will be key to navigating the year ahead.

Amid an uncertain macro environment, Fidelity Sustainable Asia Equity Fund portfolio manager Dhananjay Phadnis outlines the growing momentum in sustainability practices among Asian corporates as they play catch-up with their developed market counterparts, presenting an improving opportunity set for active managers.

Fixed income markets are approaching an inflection point amid signs of easing inflation and expectations of lower rates. As the impact of tight monetary policy edges the domestic economy towards recession, UK fixed income portfolio managers Kris Atkinson and Shamil Pankhania discuss why high-quality credit looks increasingly attractive to cautious income seekers.

We are in the first stages of a dramatic regime change - from low inflation and ever declining interest rates to an investment landscape marked by greater economic volatility and the associated higher risk premia for holding assets.

Forecasting 2024 is challenging, with ongoing remarkable changes across economies and markets, combined with a year of political uncertainty ahead.

Against this backdrop, we offer four potential paths the world could take, each assigned with its own probability and asset allocation implications, mindful that good investing needs discipline, an open mind and a preparedness to react to the facts as they change. In addition, we provide standalone 2024 investment outlooks for Asia and sustainable investing, as well as views from our portfolios managers across key strategies.

Discover where our experts believe the key areas of opportunity and risk lie across global financial markets in 2024.

Have central banks pulled it off? Tightening monetary policy appears to have brought inflation down from its peak without causing serious damage to the economy. But it’s not yet ‘job done’. Inflationary pressures linger, while the prospect of higher rates for longer and looming maturity walls make an unsettling combination. Our Q4 Outlook highlights three key themes that we expect to dominate this quarter.

For the previous two quarters, we have been navigating our way through the ‘polycrisis’ - a confluence of pressures which we believe could force central banks into overtightening and trigger sharp recessions. That polycrisis has now left markets oscillating between resilience and fragility: abundant liquidity and tight labour markets on the one hand, and the lagged effects of policy and tightening lending standards on the other.

Discover the key themes set to drive markets and the investment implications.

In Fidelity's latest quarterly outlook, we believe that recession over the next 12 months looks increasingly likely across developed markets. Global CIO Andrew McCaffery reveals three key themes that are set to shape the investment landscape over the coming months.

The impact of the events of the past year will be felt long into the next one, particularly the tragic consequences of the Ukraine war. Chief among them from a financial perspective is the shift in monetary policy regime, from one supportive of global markets to one with a focus on taming inflation.

This has been a feature of ongoing volatility and challenges the outlook for global markets as we head into the new year. Indeed, with so many factors in play, how should investors think about positioning for what happens next?

Here, our global investment team provide an insight into how we are thinking about navigating the road ahead. Read, watch and listen as our experts discuss the key areas of risk - and emerging opportunity - across public and private markets in 2023.