Risk assets have been supported during 2021 as five key tailwinds peaked, although Fidelity MoneyBuilder Income and Short Dated Corporate Bond portfolio managers Sajiv Vaid and Kris Atkinson believe each of these will trend down as we head into 2022. Against this backdrop, high-quality corporate bonds should offer an attractive prospect for investors looking for a combination of income and safety.

Following a bumpy first half of 2023, portfolio manager Nick Price provides an update on Fidelity’s Emerging Markets strategy. He reviews the current challenges and opportunities facing investors, highlighting where he sees pockets of investment potential across this diverse universe.

Fidelity Asia Pacific Opportunities portfolio manager Anthony Srom explains why caution and selectivity will be key for 2022. He gives his investment outlook for the region and outlines the pockets of the market which he believes offer attractive upside potential for discerning stock pickers.

How orderly will the global net zero transition ultimately turn out to be? Our Global Macro & Strategic Asset Allocation Team assess the latest progress we are seeing and outline why policy shifts - catalysed by the energy crisis - have the potential to speed up progress towards net zero goals.

Sam Morse and Marcel Stötzel, portfolio managers of the Fidelity European Fund and Fidelity European Trust PLC, outline why they believe Europe could be at the forefront of the next decade of innovation, and why this creates significant opportunities for patient, long-term investors who are will willing to back European innovation and benefit from the leaders of the next decade.

Fidelity Multi Asset Income range portfolio manager Eugene Philalithis provides an update on the strategy. He discusses key performance drivers over recent months and outlines the key areas of risk and opportunity for income investors in today’s uncertain macro backdrop.

As media headlines focus on China’s evolving regulatory environment, we take a step back and focus on the opportunity set across the broader region. Our investment team debate the outlook and discuss the key factors shaping the economic and investment landscape across India and the ASEAN region.

Alex Wright, portfolio manager of Fidelity Special Situations & Fidelity Special Values PLC, outlines why he remains excited by the opportunities on offer in the UK despite recent market volatility. Within this, he highlights the improving outlook for corporate earnings and profits, particularly among domestic stocks and sectors that were hit disproportionately hard by Brexit and the pandemic.

Banking sector problems have crossed the Atlantic with UBS agreeing to buy struggling Credit Suisse. While recent events are set to drive further market volatility, we outline why the collapse of Silicon Valley Bank and the rescue of Credit Suisse are unlikely to mark the start of a systemic event. However, from an asset allocation perspective, a cautious approach is warranted as the sector remains under intense scrutiny.

Fidelity’s Global CIOs debate the outlook for financial markets as we enter the final quarter of 2021. They highlight the key factors we are watching, with a focus on inflation, central bank policy moves and the evolving regulatory environment in China.

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.

Property developer China Evergrande Group’s debt problems have rattled global financial markets. But Fidelity’s Asia Pacific CIO Paras Anand believes comparisons likening this to a ‘Lehman moment’ for China appear overstated, with the Chinese authorities focused on managing long-term economic and societal risks.

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.

UK fixed income portfolio managers Sajiv Vaid and Kris Atkinson review the opportunity set in corporate credit - and highlight why fixed income investors should be cautious of underweighting duration and reaching for yield in the current environment.

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.

While the UK market has looked cheap for some time, the key difference in 2021 is that fundamentals are now improving. Jonathan Winton, lead portfolio manager of Fidelity UK Smaller Companies and co-portfolio manager of Fidelity Special Situations & Fidelity Special Values PLC, discusses how this backdrop is driving a spate of M&A bids which could act as effective catalysts to close long-standing valuation discounts.

A tale of two markets

Sam Morse and Marcel Stötzel, portfolio managers of the Fidelity European Fund and Fidelity European Trust PLC, review the outlook for continental European equity markets. Following a period of strong returns, they discuss why a focus on attractively valued dividend paying stocks is well placed to navigate a backdrop where aggregate valuations are starting to look stretched.