Webinars & teleconferences

Until now investors and spectators alike have been focussed on stage one of the COVID-crisis: the escalation of the pandemic and the government response to keep the global economy afloat. But what happens in stage two, and what should investors be paying attention to when looking for signals for a recovery?

Fidelity Live - Insights and outlook for Tech, Banks and Healthcare from our sector experts.

Our Director of Equities, Viral Patel, hosts a panel of three of Fidelity’s most experienced Australian analysts covering the technology, banks and healthcare sectors. 

How big a hit the Australian and global economy has taken?

We live in historic times. The devastating COVID-19 virus has had an unprecedented impact on markets around the globe with the flow-on effect to the global and local economy already well underway. Monetary and fiscal authorities are rapidly stimulating their economies, which will have far-reaching implications for investors’ portfolios and beyond. Oil has collapsed, while investors nervously await incoming economic data to see how big a hit the Australian and global economy has taken.

What does the corona-economy mean for dividends?

Australia has always been considered the lucky country, and it appears our luck has not yet run out. Public health measures in Australia have begun to flatten the curve and physically disrupt the spread of the virus. But as we now start to settle into the corona-economy, will Australia follow the worldwide trend of firms being called on to cut dividends and cease capital raisings?

How are Emerging Markets faring?   

In Q1 2020, emerging market equities recorded its worst quarter since the GFC.  Portfolio Manager for the Fidelity Global Emerging Markets Funds, Alex Duffy, discusses why he thinks this market sell off is different to the GFC, and how different regions and sectors are faring across the region. How are emerging markets responding to the virus, the oil crises and exposure to the US dollar, and what are the challenges or opportunities compared to the developed world?

How is Asia faring?   

Portfolio Manager for the Fidelity Asia Fund, Anthony Srom updates clients on his views from Asia.  Does he remain cautious on the outlook for Asian company earnings and has this been factored into prices yet? How is China really faring - first in, first out and with supply increasing, is anyone buying?

The second derivative is now changing in most parts for the world - what does that mean for markets?

In Paul’s first teleconference in March, he was watching for the second derivative change in new cases of COVID-19, as it often represents the point of maximum pain and destruction, where thereafter we see the light at the end of the tunnel.  With a deceleration of new infections in Australia as well as most of Europe, parts of the US and the majority of Asia, the second derivative is changing.

Australia is in uncharted territory. With the Reserve Bank of Australia officially turning to unconventional monetary policy, what should investors expect and how should they be investing in a world with record low interest rates?

With the real economy slowing to a crawl to protect human life, record high levels of debt and a recession looming, it isn’t any wonder that we’ve seen massive instability in global markets. Everyone is seeking to draw a parallel to this period. Whether it be - the Global Financial Crises, the Spanish flu epidemic of 1918 or the onset of the Great Depression… But as Howard Marks eloquently put it - “Nobody knows”. Investing today is quite simply like going where no one has gone before.