Fidelity multi-asset team ploughs back into risk assets

Moves to overweight equities and fixed income

The multi-asset team at Fidelity has moved from neutral to overweight in both its equities and fixed income allocations on the back of heightened market volatility presenting opportunities.

At the end of last year, the team announced it had cut its equities allocation to neutral as a result of recession fears in 2019 and expectations of slower global growth. It has since changed its stance...