China wants to accelerate the development of its own artificial intelligence technologies, but investors need to focus on how they can be monetised, says Fidelity International.

China wants to accelerate the development of its own artificial intelligence technologies, but investors need to focus on how they can be monetised, says Fidelity International.
With financial markets oscillating between resilience and fragility, Fidelity International supports a lower risk appetite while tapping into undervalued opportunities.
Private credit is booming but questions remain whether it is sustainable given higher interest rates and the risk of recession.
Eric Wong is stepping down as lead portfolio manager for the two strategies, replaced by Paul Greer.
The investment manager will grant Krungthai Bank’s clients access to a broader set of international investment capabilities.
Maria Abbonizio has been with Fidelity since 2004.
Fidelity is following in the footsteps of other asset managers like BlackRock and Neuberger Berman in launching its first mutual fund in mainland China.
FSA compares the Jupiter UK Alpha and Fidelity UK Special Situations funds.
It is the third foreign fund management company to do so.
Despite the sudden surge in approvals for foreign-owned mutual funds, global asset managers struggle to gain much traction in China.
Part of the Mark Allen Group.