The Chinese government’s will to reform its important property sector is balanced against the more urgent task of reviving a slowing economy. With policy showing signs of softening, we assess what happens next and look at the investment opportunities in ancillary areas related to building maintenance and upgrades.

Recent moves in oil prices have reinforced the uncertainty surrounding the inflation outlook and the path for interest rates. Resilient US growth, uncertain Fed signals and persistent regional inflation pressures also continue to suggest the outlook for rates is far from clear. Mike Riddell, Portfolio Manager of the Fidelity Strategic Bond Fund, discusses the key drivers shaping rates markets and where he sees the risks and opportunities for bond investors.

Portfolio manager Tim Foster takes stock of what has been a very challenging period for fixed income investors. He discusses how the market environment is likely to evolve over the coming months and outlines how the portfolio is positioned to capitalise on the pockets of value emerging across rates and credit markets.

Our latest Analyst Survey, a visit to Silicon Valley, and research from Fidelity’s multi-asset and macro teams offer signs of where next for the AI revolution, both for businesses to invest in and the months ahead in markets.

Central banks are moving from tough talk to action to bring inflation under control. With history showing that policymakers rarely succeed in raising rates without triggering a downturn, Steve Ellis, Global CIO Fixed Income, believes investors should consider adding duration to portfolios as recession risks grow.

Maroun Younes, Co-Portfolio Manager of our Global Future Leaders strategy, examines the factors currently driving current market performance, and highlights the role that quality companies can play in providing portfolio resilience during times of turbulence.

While the UK recently celebrated the Queen’s Platinum Jubilee, there has been less to be jubilant about in fixed income following a very challenging period in markets. Against this backdrop, Fidelity Strategic Bond Fund co-manager Claudio Ferrarese discusses whether we could be approaching an inflection point in yields, highlighting where we now see investment potential across rates and credit markets.

Recent days’ escalation over the Strait of Hormuz reinforces our view that a messy resolution is the most likely outcome to the conflict.

The recent UN treaty on global plastics is a big step towards reducing the millions of tons of plastic seeping into the environment. As governments get to work on the details, find out how we are pressing consumer companies to deliver real world solutions to one of the planet’s biggest challenges.

Emerging Market (EM) equities are back in the spotlight, delivering robust year to date returns driven largely by the IT sector and rising index concentration. While many of the largest constituents remain attractive, compelling opportunities can also be found across sectors, market capitalisations and geographies.

Worries about the ongoing Russia-Ukraine war, snarled supply chains, rising inflation and fears about possible recessionary slowdown have resulted in weakness across markets, particularly in tech-related areas. Fidelity Global Special Situations portfolio manager Jeremy Podger shares his observations on recent developments and discusses where opportunities are starting to emerge.

Fidelity International’s analysts reveal which sectors are most exposed to rising costs caused by the ongoing Middle East conflict.

Nicholas Price, portfolio manager of Fidelity Japan Trust PLC, reviews recent market movements in Japan amid a sharp rotation of away from growth stocks and sectors. He discusses what lies ahead for investors and outlines the compelling long-term opportunity among small and medium-sized companies with sustainable growth prospects.

AI remains the driver, but the opportunity is changing

Alex Wright, portfolio manager of Fidelity Special Situations & Special Values PLC, shares his latest outlook for UK equities. As investor sentiment shows signs of turning overly pessimistic, he outlines why, as a contrarian investor with a value focus, he is growing increasingly optimistic about certain areas of the domestic market.

Trending lower oil prices may be masking persistent inflation risks

The war in Ukraine is leading to temporarily higher emissions as some countries switch to dirtier fuels and away from politically toxic Russian oil and gas. Over the longer-term however, portfolio managers Velislava Dimitrova and Cornelia Furse believe the conflict will accelerate the adoption of alternative energy solutions. They review the factors they see indicating the growing momentum of the climate movement.