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.
Global markets have entered a period of heightened volatility following the latest escalation of tensions involving Iran, as energy prices and risk assets adjust to the prospect of a more sustained geopolitical conflict. Against this backdrop, our senior investment team assess the evolving macro risks, outline potential scenarios and discuss how portfolios are positioned to navigate near-term uncertainty while remaining focused on longer-term fundamentals.
Marcel Stötzel, Co-Portfolio Manager of the Fidelity European Fund and Fidelity European Trust PLC, explores the structural changes driving a stronger backdrop for Europe. He outlines why a disciplined, quality‑focused investment approach is key to capturing opportunities emerging across the region.
After years of being unloved, UK equities are showing real signs of momentum. But what’s actually driving this shift? In this video, portfolio manager Alex Wright breaks down the forces behind the UK market’s resurgence, the areas he’s avoiding, and why the UK continues to offer appealing valuation opportunities versus other markets.
The investment landscape is evolving in ways that challenge long-standing assumptions about the foundations of diversified portfolios. Investors are now reassessing the role of several core exposures, particularly US equities and global bonds. In this perspective, we explore why these questions have arisen and how our portfolios are handling these challenges and delivering long-term outcomes for clients.
It’s been a long time coming but mining and commodities producers are having their moment in the sun. The implications of the higher prices that come with it for global industry are profound, as this month’s Fidelity Answers podcast makes clear.
The shift towards digital labour represents one of the biggest business model pivots of all time, with huge ramifications for virtually every industry. It is already propelling US growth through unprecedented corporate capital spending, which shows no sign of abating even if financing is increasingly debt-fuelled and circular in places. The hugely cash-generative hyperscalers continue to commit to massive investments, underpinning impressive earnings from AI infrastructure supply chain businesses such as semiconductor manufacturers, energy providers and certain commodity suppliers, especially where inventories are scarce.
AI driven volatility is reshaping markets and creating one of the most compelling investment backdrops in recent years, reminiscent of the Covid 19 period. Alex Wright, portfolio manager of Fidelity Special Situations and Special Values PLC, outlines how AI led disruption is driving widespread dislocation across sectors, creating selective opportunities that increasingly favour value investors.
The technology sector has had a volatile start to 2026, but Fidelity Global Technology portfolio manager, Hyun Ho Sohn, remains positive. He discusses why the risks to software companies from AI may be overdone, the diverse opportunities to be found across the global technology sector, and key trends emerging from the recent earnings season.
The Supreme Court struck down President Trump’s 2025 sweeping global tariffs in a 6-3 ruling on Friday. The decision covers all of the country-wide reciprocal tariffs in the International Emergency Economics Power Act (IEEPA), including the fentanyl tariffs on China, and the border emergency tariffs on Canada and Mexico. Other measures, including pre-existing tariffs on China and sectoral tariffs on the likes of steel, aluminium, and autos, remain in place.
Our Multi Asset team's views on which asset classes and markets are presenting the greatest opportunities and risks.