Fidelity suggests trio of inflation-beating bets

Fidelity's Aruna Karunathilake has given investors three suggestions on how to play the markets durin...

Fidelity’s Aruna Karunathilake has given investors three suggestions on how to play the markets during times of high inflation. With inflation hitting 4.4% last month, the UK Aggressive manager said three groups of companies are insulated against rising prices and present the best opportunities for growth. Defensives, resources and those falling into the category of second derivative will be the best bets for superior growth opportunities, he said. The manager said: “Inflation – or more precisely, people’s perceptions that prices are rising much faster – is likely to cast its shadow ove...