Bright outlook: The Bursa Malaysia building in Kuala Lumpur. Equities will be of interest, while in fixed income the focus will remain on short-dated, high-quality credits, says Fidelity.
THE year thus far has been quite a roller-coaster ride for global financial markets.
Just a few months ago, we saw global bond yields rise to their highest levels in more than 15 years because of a massive sell-off in the global debt market. Global equity markets had also been affected throughout 2023 by heightened volatility, driven by persistent inflation, interest rate hikes, sluggish growth trends and geopolitical turmoil.
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