Skip Header
Log out
Menu
Close
Who we are

Who we are

About us
Back
About us
Why Fidelity Our values Our products and services Sustainable investing Corporate Sustainability
Governance
Back
Governance
Our governance Independent Governance Committee (IGC) Master Trust Board (MTB)
Overview of Who we are section
How we work with you

How we work with you

Our services
Back
Our services
Full Service DC administration Investment only Multinational retirement savings Workplace savings with Invest@Work Employee Compliance Reporting
Investment services
Back
Investment services
FutureWise Investment solutions Investment Pathways & drawdown
Supporting you
Back
Supporting you
Boost to workplace savings Cybersecurity Day to day support Employer Tax year end deadlines Pension Attention Plan support PlanViewer Tax Table
Overview of How we work with you section
What we do for your employees

What we do for your employees

Engagement strategies
Back
Engagement strategies
Content hub Engaging your people Fidelity's retirement service International employer content hub Our workplace calculators Vulnerable customers Workplace Investing Service Centre
Overview of What we do for your employees section
Insights & Opinions

Home    Insights and Opinions    Investment

Investment

Workplace Investing Investment Outlook

James Monk

James Monk - Investment Director

In our Investment Outlook, we analyse global markets and key asset classes to provide our clients with a comprehensive overview of what we see as the main possibilities and probabilities every quarter.

We see a global economy still growing, but unevenly. AI continues to drive US strength, though concentration and valuations raise risks. Fiscal policy is supporting activity, while geopolitics and inflation add uncertainty. In this environment, diversification, alternatives and active management are essential for resilience.

Previous Investment Outlooks

James Monk
Investment

Investment Outlook 2025 Quarter 4

Cautious optimism supports selective risk-taking amid easing policy and persistent global risks.

James Monk

James Monk Investment Director - 20 Jan 2026

James Monk
Investment

Investment Outlook 2025 Quarter 3

Fiscal policy decides the market direction of stagflation or reflation

James Monk

James Monk Investment Director - 15 Jul 2025

James Monk
Investment

Investment Outlook 2025 Quarter 2

End of US exceptionalism

James Monk

James Monk Investment Director - 15 Apr 2025

This website is issued by FIL Life Insurance Limited. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England and Wales No. 3406905, Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP. Fidelity, Fidelity International, the Fidelity International logo and the F symbol are trademarks of FIL Limited.

© FIL Limited 2026