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.
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.
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.
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.
Despite the conflict, there are reasons for investors to be constructive in the months ahead.
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.
In this monthly video series, our Multi Asset team break down what’s changed in markets, what’s new, and what they’re watching next. This month, portfolio manager Caroline Shaw reflects on recent market volatility driven by heightened geopolitical tensions and explains why portfolio positioning has remained broadly stable. Despite sharp market moves and unusual behaviour from traditional defensive assets, the focus has been on staying disciplined, avoiding knee‑jerk reactions, and waiting for greater clarity on growth and inflation.
Conflict in the Middle East and the associated rise in energy prices has shaken confidence and seen market volatility increase, but the long-term drivers of emerging market equities remain in place. Here, we explain why growth in emerging regions is expected to outpace developed markets, and some of the other factors that are expected to support emerging market equities over the long term.
Our Multi Asset team's views on which asset classes and markets are presenting the greatest opportunities and risks.
Ongoing conflict in the Middle East, lingering tariff-related uncertainties and the prospect of slower growth in China leave Asian equities trading at a discount relative to developed market peers. But the prospects remain bright for a wide range of regional companies, particularly those recognising that good governance and effective management of ESG-related issues can improve operating performance.
The impact of the Middle East conflict is spreading through the global economy. The latest Fidelity Answers podcast hears what Fidelity’s analysts are saying about the effects on companies and supply chains.
Since its launch in 2009, Bitcoin has become the de facto leader of the cryptocurrency world and a reference point for emerging blockchains and digital assets. For investors looking to find out more about Bitcoin, this Fidelity Digital Assets “Coin Report” provides a useful overview of its potential strengths and weaknesses.
A volatile geopolitical environment and valuation risks pose a challenge to equity market investors today. Against an uncertain backdrop, global equity income portfolio manager Tristan Purcell highlights the benefits of anchoring on sustainable dividends, resilient earnings and valuation discipline to navigate what comes next.
Amid increased uncertainty over the future path of policy rates, including renewed inflation risks linked to higher energy prices and geopolitical tensions, the role of money market funds has come back into focus. In this environment, our investment team highlight why money market funds offer a disciplined framework for navigating a higher-rate world.
Rate path clouded by evolving Middle East conflict
Energy disruption has moved from tail risk to a central market driver. With commodities providing the most reliable hedge and broader fundamentals still supportive, the focus is on staying flexible - ready to add risk if tensions ease while managing downside if energy shocks persist.
US-Iran tensions have triggered a sharp spike in oil prices, raising fresh questions about inflation, growth and the outlook for global bond markets. Mike Riddell, Portfolio Manager of the Fidelity Strategic Bond Fund, explains why markets view the disruption as a near-term shock, how geopolitics is reshaping the macro backdrop, and where he is currently positioning the portfolio to capture alpha while managing downside risks.
Global markets are adjusting to disruption at key trade choke points as volatility remains elevated. With risks skewed to further escalation, senior members of our investment team assess the implications for growth and inflation and highlight the benefits of diversification, selectivity and flexibility in an uncertain environment.
In the latest episode of The Investor’s Guide to Asia, portfolio managers Nick Price and Cynthia Chen discuss why Chinese stocks remain central to portfolios in an increasingly multipolar world.
Geopolitical tensions centred on Iran are adding to market volatility. In this environment, we believe investors may better navigate the uncertainty by combining diversified core exposures with differentiated return streams and active asset allocation.