In this month’s issue of Fidelity Focus, Client Portfolio Manager Christopher Wong explores what’s next for markets following Trump’s election win, why we believe small-mid cap stocks are an attractive opportunity amidst a red sweep, and the potential impact of higher tariffs on Asia.

Dan Roberts
As the market absorbs the US election result our team will be watching closely how policy changes of the new administration are likely to impact both US and non-US companies over the coming months.
However, our approach remains consistent: building, from the bottom up, a strategy of high quality, cash generative, resilient businesses with enduring competitive advantages whose outlook is driven predominantly from within. Our investment cas...

Hyun Ho Sohn
The tech industry is reliant on global trade. There are cross-border operations across many tech segments and the implications of any high tariff policy to encourage US reshoring and reduce dependence on overseas supply chains are something to be mindful of. However, given that many tech hardware companies have been gradually moving their operations outside of China in recent years, this could have limited impact and there is potential...

Donald Trump has won the US presidential election. Here, Fidelity International’s economists and investment managers discuss some of the likely impact.
By Niamh Brodie-Machura, Co-Chief Investment Officer, Equities
Steve Ellis, Global CIO, Fixed Income
Martin Dropkin, Head of Equities, Asia Pacific
Rick Patel, Portfolio Manager
Matthew Quaife, Head of Multi Asset Investment Management, Asia
Rosanna Burcheri, Portfolio Manager
Lei Zhu, Head of Asian Fixed Income
Salman Ahmed, Global Hea...

In this month's 'Fidelity Focus', Asia Economist Liu Peiqian, and Client Portfolio Strategist Christopher Wong delve into the latest developments in Asia, with a spotlight on China. They explore key investment themes, potential risks to watch, and wild cards that could shape the months ahead.

In a financial landscape marked by economic challenges, geopolitical uncertainty, and policy speculation, we believe a high quality dividend strategy investing in defensive stocks could provide income seekers with valuable portfolio diversification.
– The financial backdrop remains challenging for investors.
– However, market participants are looking beyond the headlines and identifying positive signals.
– In such an environment, active man...

In the 25 years since the Fidelity Funds – Global Technology Fund was launched, there have been tectonic shifts in the technology landscape. Through these shifts, Fidelity’s strong proprietary research and access to industry specialist resources has allowed us - and continues to allow us – to form what we believe is a deeper, more nuanced take on opportunities and challenges, as we look to sort the fundamentals from the nois...

In this issue of Fidelity Focus, Christopher Wong, Fidelity International’s Client Portfolio Strategist, speaks about the market volatility that is expected to remain. The US Fed’s move at its September meeting kicks off a rate reduction cycle, which could mean changes in market dynamics. He highlights three areas that investors can consider to potentially benefit from this.

The labour market has pushed the Fed into more aggressive action. What it does next still hangs in the balance.
By Fidelity International Global Macro & Asset Allocation Team
What happened
In what was a hotly contested meeting, with markets split between a 25 versus 50 basis point start to the cutting cycle, the Federal Reserve ended up going big, cutting rates by 50bp. This was more than we and consensus expected but ultimately broadly in line with market pricin...

In this month’s issue of Fidelity Focus, Christopher Wong, Client Portfolio Strategist, delves into market volatility in August, what's next for investors and opportunities for investors amdist this environment.