Foreign Market Growth Strategies for Financial Advisors

International Growth: Where We Have Conviction

Insights for advisors and other investment professionals

Key Takeaways

• Fidelity international large cap growth portfolio managers identify the major investment themes they expect to drive accelerating revenue and earnings growth over the next several years.
• Among the compelling insights conveyed are:
  • The growth of artificial intelligence and computing, and the strategic positioning of certain leading semiconductor-related companies.
  • The growing demand for electricity, fueled by the “electrification of everything,” including electric vehicles, data centers and the onshoring of greener manufacturing.
  • The global energy transition to cleaner fuel sources, such as renewable energy (e.g., solar and wind).
  • Local brands taking back market share from large multinational companies in emerging markets.
  • Undervalued defense companies with innovative products based in emerging markets.
  • Severe underinvestment in fossil fuels and the growth potential of energy producers in the Canadian oil sand region.
• According to Fidelity Portfolio Manager Sammy Simnegar, “Some of the best companies around the world – whether it’s in the luxury space, AI, or the energy transition − happen to be international companies.”
• Fidelity Portfolio Manager Bill Bower: “If you are an investor, the world is your oyster, and you look around for the best opportunities. At Fidelity, we cast a wide net. ”