Personal Finance Insider | Fidelity portfolio manager: Look internationally for new investment ideas @InsiderPersonalFinance | Uploaded August 2017 | Updated October 2024, 1 hour ago.
Bill Kennedy, a portfolio manager at Fidelity investments, spoke to Henry Blodget about how international markets may be the place to be after years of underperforming the US. This is due to better earnings clarity overseas, which improves the environment for stock pickers. He points out the low valuations for international stocks, relative to their US counterparts, and says it's time for a shift. Kennedy highlights one of his top holdings, an Indian mortgage company, holding it up as an example of a stock that can give you broad exposure.
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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
Bill Kennedy, a portfolio manager at Fidelity investments, spoke to Henry Blodget about how international markets may be the place to be after years of underperforming the US. This is due to better earnings clarity overseas, which improves the environment for stock pickers. He points out the low valuations for international stocks, relative to their US counterparts, and says it's time for a shift. Kennedy highlights one of his top holdings, an Indian mortgage company, holding it up as an example of a stock that can give you broad exposure.
--------------------------------------------------
Follow BI Video on Twitter: bit.ly/1oS68Zs
Follow BI on Facebook: bit.ly/1W9Lk0n
Read more: businessinsider.com
--------------------------------------------------
Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
