China, consumers and commodities: Key takeaways from Reporting Season

As interest rates and cost of living pressures mount, results from Australia’s reporting season will be closely scrutinised. How is the consumer faring, what impact is this having on the bottom line and how are companies factoring the slowing of economies with our key trading partners?

Watch our expert panel, hosted by our Director of Research, Viral Patel with our Australian analysts Sam Heithersay, Mining; Brendan Mowry, Consumer and Justin Teo, Healthcare and Energy where they take you beyond the headlines to uncover the implications for portfolios from reporting season.

Hear their expert views on:

  • How will retail fare in the wake of a weakening consumer?
  • Will long-term demand in commodities be impacted by the China slowdown?
  • Can healthcare continue to provide resilient earnings growth? 

All information is current as at its published date unless otherwise stated. Not for use by or distribution to retail investors. Only available to a person who is a "wholesale client" under section 761G of the Corporations Act 2001 (Commonwealth of Australia) ("Corporations Act“) 

This document is issued by FIL Responsible Entity (Australia) Limited ABN 33 148 059 009, AFSL No. 409340 (‘Fidelity Australia’). Fidelity Australia is a member of the FIL Limited group of companies commonly known as Fidelity International. Prior to making any investment decision, investors should consider seeking independent legal, taxation, financial or other relevant professional advice. This document is intended as general information only and has been prepared without taking into account any person’s objectives, financial situation or needs. You should also consider the relevant Product Disclosure Statements (‘PDS’) for any Fidelity Australia product mentioned in this document before making any decision about whether to acquire the product. The PDS can be obtained by contacting Fidelity Australia on 1800 044 922 or by downloading it from our website at www.fidelity.com.au. The relevant Target Market Determination (TMD) is available via www.fidelity.com.au. This document may include general commentary on market activity, sector trends or other broad-based economic or political conditions that should not be taken as investment advice. Information stated about specific securities may change. Any reference to specific securities should not be taken as a recommendation to buy, sell or hold these securities. You should consider these matters and seeking professional advice before acting on any information.  Any forward-looking statements, opinions, projections and estimates in this document may be based on market conditions, beliefs, expectations, assumptions, interpretations, circumstances and contingencies which can change without notice, and may not be correct. Any forward-looking statements are provided as a general guide only and there can be no assurance that actual results or outcomes will not be unfavourable, worse than or materially different to those indicated by these forward-looking statements. Any graphs, examples or case studies included are for illustrative purposes only and may be specific to the context and circumstances and based on specific factual and other assumptions. They are not and do not represent forecasts or guides regarding future returns or any other future matters and are not intended to be considered in a broader context. While the information contained in this document has been prepared with reasonable care, to the maximum extent permitted by law, no responsibility or liability is accepted for any errors or omissions or misstatements however caused. Past performance information provided in this document is not a reliable indicator of future performance. The document may not be reproduced, transmitted or otherwise made available without the prior written permission of Fidelity Australia. The issuer of Fidelity’s managed investment schemes is Fidelity Australia. 

Neither Fidelity Australia nor Fidelity International warrants or guarantees that this website, any webcast, podcast or video, and the server which makes it available is free from malware, viruses, worms or other harmful computer software or technology. Any links provided to third party websites are provided for your convenience only. Fidelity Australia does not endorse or otherwise approve the views, products or services of those third parties or warrant or guarantee the accuracy, completeness or currency of the information contained in these third party websites.

© 2024 FIL Responsible Entity (Australia) Limited. Fidelity, Fidelity International and the Fidelity International logo and F symbol are trademarks of FIL Limited. 

Share:
Share:
For all investors

Viral Patel joined Fidelity in 2018 and is our Director of Research, based in Sydney. Viral has responsibility for Fidelity’s team of eleven Australian equity analysts, fourteen Singapore equity analysts and nine Indian equity analysts. Viral is also Asia regional lead for Fidelity’s global Metal and Mining sector research team and for all MBA hiring.

Viral has over 19 years of investment experience and joined Fidelity from T. Rowe Price where he was Head of Australian Research. Viral has also held roles at Bernstein, Boral and McKinsey & Company. Viral holds an MBA from Columbia Business School.

Sam joined Fidelity in 2018 as an Investment Analyst based in London, initially covering US Healthcare before transferring to Sydney in 2021 where he has since covered the Australian Metals & Mining sector. Sam's previous experience includes six years as a Senior Associate in Citi’s Equity Research Division in Sydney, where he also covered Australian Metals & Mining. Sam holds a Masters in Mining Engineering from University of New South Wales and a Masters in Business Administration from London Business School.

Brendan joined Fidelity in August 2020 as an investment analyst covering the consumer discretionary, consumer staples, consumer services and smaller companies.

Prior to that, he worked for boutique fund manager, Peak Investment Partners (2018-2020) as an equity analyst covering domestic small and mid-cap companies, and at Hunter Green Institutional Broking (2016-2017) as an associate equity analyst covering Australian listed small and mid-cap companies.

Brendan holds a Bachelor of Commerce from the University of Queensland. In addition, he is a Chartered Financial Analyst (CFA) Charterholder.

Justin joined Fidelity in March 2017 as an investment analyst covering a broad range of sectors including renewables, industrials, utilities, mining, infrastructure & transport, chemicals, and oil & gas. Prior to that, he was working in equity research at global investment bank and financial services firm, Credit Suisse, in London. In his most recent role there, he worked in the European oil & gas team and from 2013-2014 in the Australian mining, energy & ESG team. 

Justin holds a Bachelor of Economics (Hons), Finance (Hons I) and Economics (Extended) from the University of Sydney. In addition, he is a Chartered Financial Analyst (CFA) Charterholder.