James Abela
From the desk of James Abela & Maroun Younes
As the world began to focus on recovery as the Covid-19 crisis fades, we are now faced with increased geopolitical risk. Macro settings are still in place for rising interest rates and greater valuation discipline across most asset classes while financial conditions still remain quite generous in the context of history.
2022 Outlook: Global equities
We expect global mid-cap equities to generate sustainable and healthy returns, with investors paying more attention to fundamentals versus the momentum-driven recent past. In 2022, we will consider the risks posed by inflation and continue to seek strong industry structures, capable management teams with capital discipline, and clear valuation-driven opportunities.
2022 Outlook: Australian small-cap
2022 will likely be a strong market for recovery-led opportunities. We will see inflation from tight labour markets, elevated commodity prices, and rising costs of capital. Also, we expect higher volatility and increasing competition. As such, we prefer quality stocks with strong market positions.
Fidelity x EquityMates: The search for generational businesses
Enjoy podcasts? Then do we have one for you. Listen in as James and Maroun reveal to the guys at EquityMates the most exciting investment in their life, and why disruption and innovation are fundamental to finding the elusive 100 baggers.
The benefits of global mid and small cap investing
With around 1000 companies in the MSCI World Mid Cap Index, and almost 4000 companies in the investible universe the opportunities are vast. This can be daunting for investors however it’s the size and diversity that makes mid to small-cap equity investing at the global level so attractive.
2020/21 Year in review: Global
The perfect recipe for a strong recovery?
Time for a valuation reality check-up!
