[Fidelity International Optimistic About Emerging Market Assets Next Year, Says Large-Scale Capital Has Yet to Enter] According to a report by Jinse Finance, Fidelity International stated that if 2025 already seems to be a strong year for emerging markets, then 2026 will bring even more exciting developments. Mike Riddell, portfolio manager of the Fidelity Strategic Bond Fund, said that U.S. interest rate cuts have enhanced the appeal of assets in emerging economies with higher interest rates and room for local currency appreciation. 'Although the market has been talking about emerging market trades throughout this year, large-scale capital has yet to enter,' Riddell said. 'This sets the stage for 2026, when we believe allocations to emerging market debt could increase significantly.' Riddell noted that the weakening of the U.S. dollar is a 'structural shift that is just beginning to take effect.'