Fidelity highlights European sector and shorting opps
Attractive valuations in telecoms and healthcare are presenting absolute value prospects in European equities despite a bleak economic outlook, according to Fidelity.
Anas Chakra, portfolio manager of the Fidelity FAST Europe fund, is overweight in the telecom service sector, as he believes there is genuine value in an overly-pessimistic market. Investors are concerned...
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