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

Hargreaves adds Invesco Global Emerging Markets fund to Wealth Shortlist

Hargreaves adds Invesco Global Emerging Markets fund to Wealth Shortlist

Stock picks have added value

Michael Nelson
clock 19 December 2025 • 2 min read
IW 30: The changing role of fund selectors and adapting at a 'massive inflection point'

IW 30: The changing role of fund selectors and adapting at a 'massive inflection point'

Rapid development in data and AI tools

Katrina Lloyd
clock 17 December 2025 • 12 min read
HSBC AM funds pass value assessment but nine are red flagged for high charges

HSBC AM funds pass value assessment but nine are red flagged for high charges

Assessment of Value report

Cristian Angeloni
clock 08 December 2025 • 3 min read
Trustpilot