Matt Siddle, portfolio manager of Fidelity Europe Fund, is encouraged by the decreasing number of cases of COVID-19 in Europe as a result of the lockdown, and recent developments in the countries that were hit hardest, but are now able to begin to return to work. Right now, Matt is looking for good businesses with attractive returns and strong balance sheets. He doesn’t consider himself to be an aggressive growth manager, but is still looking for good-quality companies with attractive valuations. In the short term, he believes we will see more volatility; however, his long-term outlook is very positive.

Recorded on May 15, 2020.