The Covid-19 pandemic remains the only real theme driving markets, as investors look for clues as to what the ultimate impact of the crisis will be on economic growth, industrial sectors and asset prices. The jury is still out, with
We believe the Covid-19 crisis will trigger a step-change in policy, accelerate existing trends and transform investment frameworks. Government intervention, fiscal activism, corporate governance and sustainability, and continued Asian economic strength will characterise this new order, creating …
The court ordered the German government to ensure the ECB carried out a “proportionality assessment” of its vast purchases of government bonds. Whilst the ECB should be successful in proving that its purchase scheme was necessary and “proportional”, further expansion
Across the Multi Asset Open range, gold has been an important asset and hedging component for the portfolios over the last few years. Chris Forgan, Portfolio Manager and Charlotte Harington, Assistant Portfolio Manager of the Fidelity Multi Asset Open range
Even by the oil market’s standards 2020 has been exceptionally volatile. The market has faced unanticipated supply and demand shocks, leading to the commodity’s worst quarter in history. Louise Fribourg, Markets Analyst within our Multi Asset team explores what the
As economic data is finally reflecting the impact of economic lockdowns, markets have seen a meaningful risk rally, with US markets recovering significantly from the over 30% drawdown depths. Given the extent of the slowdown and the still uncertain duration
Our view is that allocating to defensiveness is more important than timing a bottom in asset prices and adding to risk at this stage. The Japanese yen is increasingly showing its defensive properties, Chinese government bonds are offering attractive yields,
We are living in extraordinary times. Alex Wright, portfolio manager of the Fidelity Special Situations Fund and Fidelity Special Values PLC discusses his new view on the world, through his old contrarian lens. He explains some of the changes he
With US unemployment on a continuous upward spiral and Eurogroup finance ministers at a stalemate to move the Eurozone forward, we discuss what the broader implications are for markets. The Fidelity Leading Indicator – our proprietary quantitative tool that anticipates
With large swathes of the world’s population on lockdown and economic activity on hold, we assess the likely damage to dividend payments over the coming months. We outline how Fidelity’s equity income portfolios are navigating this environment and why selectively
Fidelity Global Special Situations Fund Manager Jeremy Podger reviews what has been one of the most eventful periods in a career spanning over 30 years. He also looks ahead to three distinct phases of the coronavirus pandemic – escalation, recovery
Monthly Review Sovereign bond yields reached record lows as the outbreak of the coronavirus in Europe initiated a large sell-off globally. 10-year US Treasury yields posted another big monthly decline and outperformed other markets, driven by safe haven demand. German Bund and UK
Fidelity Multi Asset – Core Allocations The economic impact of coronavirus is hard to predict while the situation remains fluid and opaque. However, the medical and monetary policy response from Chinese authorities is encouraging. If the spread has been successfully thwarted
Fidelity Multi Asset – Core Allocations Last year was characterised by investors trading fear for fear of missing out as global central bank intervention helped drive equity markets, particularly in the US, to all-time highs. As we start 2020 we
A unique perspective on the trends that will shape the corporate landscape in 2020 from our analysts. Decisions need data. And the Analyst Survey, taken by our 151 analysts, provides mountains of it. Behind the charts, articles and infographics are
Investment outlook Q1 2020 Equities and credit are now moderately overweight, while government bonds in the near term have been downgraded to neutral. European and UK equities should benefit from lower political risk, loose monetary policy and some de-escalation in global trade
As we move towards the end of the year, we have seen risk asset strength continue unabated with the US equity market hitting all-time highs regularly throughout the fourth quarter. Government bond yields have broken from their 2019 pattern of
Asian markets have become polarised over recent months with large-cap stocks driving market gains. As a small-cap investor, Fidelity Asian Values PLC’s Nitin Bajaj reviews a challenging period and outlines some of the unloved areas that he is backing to
The near-term impact of the election result has been positive for markets, but what are the longer-term implications for the UK as a destination of global capital? Fidelity Global Special Situations Fund Manager Jeremy Podger gives his view on the
Equity Market Update Markets in 2019 Monetary to fiscal stimulus Too early to get out of equities?
Fidelity Multi Asset Risk asset have continued to march ahead, with US markets reaching alltime highs again in early November as the earnings season came in better than expected, and at least a temporary truce in the US-China trade dispute appears
October 2019 As we start the final quarter of 2019, volatility has increased relative to the first half of the year, equity markets remain strong year-to-date, and a bid for safe-haven assets has been maintained. Monetary policy has undergone a dramatic shift over
As we start the final quarter of 2019, volatility has increased relative to the first half of the year, equity markets remain strong year-to-date, and a bid for safe-haven assets has been maintained. Monetary policy has undergone a dramatic shift
Maintaining a focus on quality credit: 2019 has seen a spike in overall levels of negative yielding debt. This has resulted in the ‘reach-for-yield’ becoming even more pronounced, and investors moving down the capital structure to earn income. Against this
Central banks turn on the taps You wait months for an interest rate cut and then they come along at once. Two so far from the US Federal Reserve with the probability of a third at the next meeting later
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De top 15-assetmanagers is duidelijk optimistischer over aandelen dan de rest. Waarom zien deze professionals het zo zonnig in? Vooral dankzij de omvangrijke steunpakketten van overheden en centrale banken, aldus @eelcoubbels @iexprofs
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