Global Market Outlook 2022
Fidelity Australian Equities Fund...Paul Taylor
Australia remained resilient throughout the pandemic, and it should remain an attractive place to invest, work, and study.
There has been a notable acceleration in existing trends like e-commerce, which expands our investment universe.
The resources sector, for example, has been bolstered by strong demand for commodities, and we think that the current market environment can aid those stock pickers with a robust process.
We also like high-quality businesses with a sustainable competitive edge, strong free cash flow, and healthy earnings growth.