Investor sentiment for technology funds fades as Fidelity clients turn to defensive assets

Fidelity International monthly report

Sorin Dojan
clock • 2 min read

Clients of Fidelity's personal investing platform diversified their investments away from technology funds and into defensive strategies in August, sparked by fears over a potential US recession.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Most AllianzGI funds pass Assessment of Value test

Most AllianzGI funds pass Assessment of Value test

Some funds under review

Linus Uhlig
clock 13 February 2026 • 3 min read
Apollo to launch duo of LTAFs in the UK

Apollo to launch duo of LTAFs in the UK

Private markets and credit

Cristian Angeloni
clock 13 February 2026 • 1 min read
Aviva Investors and Ripple to partner on fund tokenisation

Aviva Investors and Ripple to partner on fund tokenisation

Pursuing time and cost efficiency

Michael Nelson
clock 11 February 2026 • 2 min read
Trustpilot