Fidelity's £31.7bn multi-asset team has returned to a neutral stance on equities having held a contrarian overweight position since the start of the year.
Dialling down risk across its seven portfolios, Fidelity chief investment officer James Bateman believes markets are "getting ahead of themselves" by pricing in dovish expectations. He said: "Looking...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow