Fidelity manager Aditya Shivram discusses AI, insurance sectors' potential, cautions about market risks.

From Morningstar: 2024-04-05 05:26:00

Aditya Shivram, manager of the Fidelity Global Equity Income Fund, discusses winning the Morningstar Award for Investing Excellence. He highlights AI and insurance/reinsurance as key sectors for strong performance in 2023. Shivram’s investment process involves owning a concentrated portfolio of 40 companies with solid business models and recurring earnings. He emphasizes the importance of extensive due diligence. Looking ahead, he cautions investors about risks related to interest rates, earnings growth, and inflation in 2024.



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