Portfolio manager Talib Sheikh provides an update on recent positioning moves within Fidelity’s multi asset income range, highlighting the increased exposure to developed market equities. He also shines a light on how the investment process has been adjusted to reflect changing economic scenarios.

As conditions look ripe for a period of outperformance in US credit markets, Fidelity US Dollar Bond portfolio manager Rick Patel outlines three catalysts that could trigger the Fed to start cutting interest rates.

More and more companies are falling behind in their efforts to achieve net zero carbon emissions by 2050, according to Fidelity's latest ESG Analyst Survey. But a growing awareness of climate-related risks is reason to believe they will soon ramp up their efforts.

China’s equity markets have declined further over recent weeks off the back of weak data and a subdued response from policymakers. Marty Dropkin, Head of Equities - Asia Pacific, considers recent moves in the context of China’s broader economic objectives and outlines where our local team are identifying pockets of resilience and innovation, which could reward investors willing to take a long-term view.

Gold has come back into focus as investors are questioning whether bonds can cushion equity drawdowns to the same degree as they have in the past. In this paper, we examine whether and how gold can contribute to portfolio resilience alongside traditional assets, and under what conditions that case strengthens or weakens.

The economy continues to deliver surprises but we are confident of one thing: if US and other developed world interest rates have not peaked already, then they will do so soon. With growth set to stall, Global Head of Macro and Strategic Asset Allocation Salman Ahmed details four potential scenarios for 2024 and the next leg of a business cycle, which has seen the most intense round of monetary tightening in a generation.

Alex Wright, portfolio manager of the Fidelity Special Situations Fund and Fidelity Special Values PLC, shares his outlook for UK equities in 2024. He highlights the unloved areas of the domestic market where he sees potential for recovery and discusses why we could be at the start of a sustained period of outperformance from UK value stocks and sectors.

Asia remains an attractive market for long-term investors with structural growth across markets, driven by a growing middle class and increasing penetration of consumer products and services. Fidelity Asia Fund portfolio manager Teera Chanpongsang outlines how investors can best position to benefit from the region’s growth story in 2024 and beyond.

A more uncertain and fragmented macro backdrop is changing the way investors think about resilience, diversification and market access., Here, our macro and ETF team examine the key forces shaping markets, including geoeconomic fragmentation, the impact of AI, widening return dispersion, and outline how investors can use ETFs selectively within asset allocations.

While the UK macro picture remains challenging, portfolio manager Alex Wright believes investment opportunities are still available for those who know where to look. He reviews recent market movements and highlights how Fidelity Special Situations & Special Values PLC are positioned to capitalise on unloved areas with overlooked potential.

Against a backdrop of persistent geopolitical tensions, elevated energy prices and shifting market leadership, Asia continues to offer a rich opportunity set, supported by technology leadership, innovation and favourable demographic trends. Here, we highlight the value of a disciplined, fundamentally driven investment approach and explore where we are currently finding opportunities in the region.

Global CIO Andrew McCaffery and senior members of our team review current market dynamics and provide an insight into the implications of recent macro and policy developments. They outline how this evolving backdrop is informing our views across asset classes as we head into the final quarter of 2023.

In the latest episode of The Investor’s Guide to Asia, fund manager Dale Nicholls shares opportunities that Fidelity analysts helped identify in robotics, China small caps, and rare earths, and how they translated into portfolios.

With US labour markets still strong, the Federal Reserve is sticking to its “higher for longer” messaging. Global Head of Macro & Strategic Asset Allocation Salman Ahmed analyses the future direction for inflation and growth and believes the US economy could be in for a shock next year when the impact of higher rates finally start to bite.

Despite the conflict, there are reasons for investors to be constructive in the months ahead.

In a more volatile, multipolar world, should investors be reconsidering portfolio allocations and revisiting the opportunities on offer across Asia? Investment Directors Catherine Yeung and Vanessa Chan outline the attractive growth potential and diversification characteristics of Asia’s financial markets in the wake of recent macro and geopolitical shifts.

China’s equity markets have stabilised after a rebound, though volatility remains high amid ongoing geopolitical uncertainty. Fidelity China Special Situations portfolio manager Dale Nicholls highlights that while challenges remain - from property to geopolitics - the broader economic backdrop is more stable than many assume. With innovation accelerating and valuations still low, China continues to offer a growing opportunity for selective investors.

While lower for longer was the mantra of the last decade, there is a new catchphrase in town - higher for longer. As income-seeking investors adjust to this new environment, our fixed income investment team outline why the high-quality class looks well placed to command increased allocations and deliver relatively attractive risk-adjusted returns.