[Fidelity International: Trump Policies May Boost Emerging Market Asset Appeal in 2026] Fidelity International stated that if emerging markets perform strongly in 2025, 2026 could hold even greater potential. The institution, which manages over $1 trillion in assets, believes that a weakening U.S. dollar will continue to drive the appreciation of assets in developing countries. Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, pointed out that Trump’s push for further Federal Reserve interest rate cuts and his tacit approval of the U.S. dollar giving back last year’s gains will enhance the appeal of assets in developing economies. He also noted that while emerging market trades are widely discussed, large-scale capital inflows have yet to occur, which could lay the groundwork for even larger inflows into emerging market bonds in 2026.