Skip Header

Investment Outlook - Q3 2026

Tom Stevenson

Tom Stevenson - Fidelity International

Important information - please keep in mind that the value of investments can go down as well as up so you may get back less than you invest. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.

Every quarter Tom Stevenson, Investment Director at Fidelity Personal Investing, analyses global markets and key asset classes to provide investors with a comprehensive overview of what he sees as the main possibilities and probabilities over the next 12 months.

Read or watch

The full Investment Outlook report is available to download or read online below. There is also a video of Tom in conversation with Ed Monk in which he answers customers’ questions, plus three short clips that focus on specific asset classes.

Ed Monk invites Tom Stevenson to talk through the highlights of the latest Investment Outlook and answer your questions on what lies ahead.

[36:49 min watch]

You can read the full Investment Outlook online or download it to save for later.

Highlights include a review of the first half of the year and an update on Tom Stevenson's fund picks.

Previous Investment Outlooks

Tom Stevenson
Tom Stevenson

Tom Stevenson Fidelity International - 09 Apr 2026

Tom Stevenson

Investment Outlook 2026 - Quarter 1

Triumph of the optimists

Tom Stevenson

Tom Stevenson Fidelity International - 08 Jan 2026

Tom Stevenson

Investment Outlook 2025 - Quarter 4

Glass half full for investors

Tom Stevenson

Tom Stevenson Fidelity International - 09 Oct 2025

Show Results

Topics covered

Latest articles


Jemma Slingo

Jemma Slingo

Fidelity International

Terry Smith’s big bet against the passive revolution

Why star manager is worried about the boom in tracker funds


Tom Stevenson

Tom Stevenson

Fidelity International

State Pension ages: the rise to 68 - and the pension impact

Why official pension ages may change again


Andrew Oxlade

Andrew Oxlade

Fidelity International

What you could do next

Look for opportunities

Search through the thousands of investments we offer with our powerful investment finder tool.

Be prepared

Market volatility can feel like an investor's worst nightmare. But if you take a few simple steps to prepare, you can keep a calm head when it arrives.

Stay up to date with market data

Get the latest share prices, market data, news, factsheets and performance charts for FTSE companies.