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Unlocking alpha in a differentiated commodities supercycle

With structural demand rising across energy, digital, and industrial sectors, commodities can offer more than just a diversification and inflation hedge. They may also present a pathway to differentiated returns. This paper outlines how investors can navigate geopolitical complexity, to access scalable, policy-aligned growth through Fidelity’s Transition Materials strategy. Our active, fundamental equity strategy aims to give investors access to a range of alpha opportunities across the theme.

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  •   20 November 2025
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2 Comments
James Gruber
November 21, 2025

Phil,

India's economy is primarily driven by consumption not manufacturing, whereas China is the opposite. Therefore, India is highly unlikely to have a significant impact on demand for most commodities going forward.

Two very different growth models.

 

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