The reopening trade in China has undoubtedly galvanised Asian equities, but how can investors position for the next move in markets? Catherine Yeung, Investment Director for Fidelity Asian Values PLC, reviews the current environment and highlights why recent market movements underscore the importance of disciplined stock selection to capture long-term value.

Tim Foster, portfolio manager of the Fidelity Strategic Bond Fund, discusses why the second half of 2021 is likely to be pivotal for fixed income investors as central banks attempt to taper their bond buying programmes and raise rates against a backdrop of slowing growth and rising inflation. He also highlights the surge in bond issuance that is expected to continue to offer attractive alpha opportunities for investors over the coming months.

Global CIO Andrew McCaffery and our local experts deep dive into the major big picture issues currently impacting the investment landscape in China. They outline how this translates into our views across asset classes and discuss how China re-opening after COVID is likely to affect markets.

Fidelity Strategic Bond Fund portfolio manager Claudio Ferrarese outlines why fixed income investors shouldn’t be overly concerned about the reflation narrative currently driving financial markets. He also outlines how the portfolio is positioned to capitalise on reopening opportunities, particularly with an eye towards sustainability considerations.

Following a challenging 2022, portfolio manager Nick Price provides an update on Fidelity’s Emerging Markets strategy. He reviews recent performance drivers and outlines how the strategy is positioned to capture emerging investment opportunities, particularly relating to China’s reopening.

Fidelity’s Multi Asset team review the investment landscape across global markets. As business confidence continues to rise and employment gains remain in positive territory, discover the major issues influencing our views across different asset classes and investment regions.

A tale of two markets

Inflation concerns are building and feeding into uncertainty over the outlook for financial markets. Romain Boscher, Global CIO Equities, outlines how equity investors should approach this environment and highlights why it makes sense to favour more economically-sensitive areas in the short-term, albeit with a keen focus on earnings and profitability.

Asia has faced a challenging period over the past year, but with China’s reopening improving sentiment and tech-heavy markets such as Taiwan and South Korea rallying sharply, how can investors benefit from this improving backdrop? Fidelity Asia Fund portfolio manager Teera Chanpongsang examines the evolving market environment and outlines where he sees greatest investment potential.

A selection of our portfolio managers from across the globe review the key findings and implications of the survey. From the latest sustainability developments to rising funding costs, they discuss how these issues are likely to shape the opportunity set for investors across asset classes moving forward.

With the latest US inflation release representing the highest year-on-year increase since 2008, portfolio manager Tim Foster analyses whether a more inflationary environment could be here to stay. He outlines what this means for fixed income investors and highlights the current opportunity in inflation-linked bonds.

Steering through choppy waters

The market rotation from working from home winners to reflation and recovery has left behind a number of high-quality dividend-paying companies. Fidelity Global Dividend Fund Manager Dan Roberts reviews this overlooked opportunity set and highlights the compelling investment opportunity it has created.

With talk of central bank tapering increasing, how should fixed income holders approach this environment? Fidelity Strategic Bond Fund Investment Director Steve Bramley discusses why it need not be all doom and gloom, while also outlining some of the opportunities emerging in higher beta areas like high yield and emerging market debt (EMD).

Portfolio manager Anthony Srom provides an update on the Fidelity Asia Pacific Opportunities Fund. From China’s reopening to the US interest rate moves, he shares his views on what’s driving markets and outlines the high conviction stock picks he is backing to deliver in 2023.

Sam Morse and Marcel Stötzel, portfolio managers of the Fidelity European Fund, outline why they maintain a positive outlook for European equities. In particular, they discuss why a focus on robust and cash generative dividend-payers looks well placed to continue to reward investors with a longer-term view.

Bond investors’ loyalties were truly put to the test during 2022 as traditional safe havens exacerbated portfolio drawdowns. Fidelity Strategic Bond Fund co-managers Tim Foster and Claudio Ferrarese reflect on these recent challenges and highlight the themes we expect to impact returns across global bond markets from here.

Alex Wright, portfolio manager of Fidelity Special Situations & Fidelity Special Values PLC, outlines why he believes the recent rally in UK value stocks and sectors could be just the start of a sustained longer-term rebound. He looks at what’s driving this shift in market leadership and how his portfolios are positioned to capitalise.