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Hardman Research - Resilience in difficult markets

RNS Number : 7540B

Fidelity European Trust PLC

04 October 2022

Hardman & Co Research on Fidelity European Trust Plc (FEV):

Resilience in difficult markets - a half-year report

In our recent note, Eight questions for the AGM on 10 May 2022 we touched on the rapidly changing landscape after the extraordinary bull run experienced in most global equity markets since the 2008 GFC. In this note, we take stock, analyse how FEV has performed YTD and highlight a few of its investments as key examples of its philosophy and process. Despite the tough start, it is worth reiterating that FEV's focus is on stock-picking and downside risk, and this should reassure investors that FEV is continuing to add value to investors over the long term.

Please click on the link below for the full report:

https://hardmanandco.com/research/corporate-research/resilience-in-difficult-markets-a-half-year-report/

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