The wolf in sheep’s clothing: Is momentum hiding in your portfolio?
Momentum has been one of the market's biggest winners in recent years. But what happens when the trade everyone loves starts to unwind?
In this month's episode of Sound Bites, Matt Jones, Portfolio Manager for the Fidelity Research Global Equities Fund explores why momentum has become such a powerful force in markets, why it can act as a "wolf in sheep's clothing" for investors, and how investors can identify hidden concentrations that may be building beneath the surface of portfolios.
Topics covered:
Why momentum has become a dominant market driver
The risks of factor concentration and…
The skinny
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