28 Oct 2026
In this monthly video series, our Multi Asset team break down what's driving markets, how positioning is evolving, and what they're watching next. This month, Caroline Shaw explores the key themes influencing global markets, including the resilience of technology stocks, the outlook for interest rates, and why diversification remains critical in an increasingly concentrated market environment. With a handful of companies continuing to drive returns, what opportunities and risks should investors be considering as they position portfolios for the months ahead?
The ideas and conclusions here do not necessarily reflect the views of Fidelity’s portfolio managers and are for general interest only. The value of investments can go down as well as up, so your clients may not get back what they invest.
Important information
This information is for investment professionals only and should not be relied upon by private investors. Investors should note that the views expressed may no longer be current and may have already been acted upon. Reference to specific shares/investments is not a recommendation to buy or sell. The Fidelity Multi Asset funds use financial derivative instruments for investment purposes, which may expose the funds to a higher degree of risk and can cause investments to experience larger than average price fluctuations. The investment policy of these funds and portfolios means they invest mainly in units in collective investment schemes. Changes in currency exchange rates may affect the value of investments in overseas markets. Investments in emerging markets can be more volatile than other more developed markets. There is a risk that the issuers of bonds may not be able to repay the money they have borrowed or make interest payments. When interest rates rise, bonds may fall in value. Rising interest rates may cause the value of your investment to fall. The price of bonds with a longer lifetime until maturity is generally more sensitive to interest rate movements than those with a shorter lifetime to maturity. The risk of default is based on the issuers ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between government issuers as well as between different corporate issuers.
UKM1026/420155/SSO/NA