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Webcast: 2022 Global Asset Allocation Outlook

February 2022

Portfolio managers David Wolf and David Tulk delve into where they’re seeing opportunities in 2022 and beyond.


  • What does the differing country pace of global recovery mean for regional allocation decisions?
  • What does Central Bank tightening mean for fixed income allocations?
  • How are asset-class valuations assessed amidst exceptionally strong equity flows?


author portrait
David Wolf Portfolio Manager
David Wolf is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role, he serves as portfolio co-manager for a number of multi-asset class strategies for Canadian investors.

Mr. Wolf joined Fidelity in 2013. Before joining Fidelity, he served as Adviser to the Governor of the Bank of Canada and as secretary to the Governing Council of the Bank of Canada, where he oversaw analysis supporting the monetary policy decision process and represented Canada’s central bank on numerous international bodies. Previously, Mr. Wolf was head of Canadian economics and chief strategist at Merrill Lynch, and held progressively senior research positions at RBC Capital Markets in Canada and the U.K. He began working in the investments industry in 1997.
author portrait
David Tulk Portfolio Manager
David Tulk is a portfolio manager at Fidelity Investments. In this role, he manages a number of Canadian asset allocation strategies. Prior to this role, he was an institutional portfolio manager where he was a key contributor to thought leadership and served as a key conduit of client objectives, requirements and marketplace insight.

Mr. Tulk joined Fidelity in 2016. Before joining Fidelity, he was chief Canada macro strategist and head of global macro strategy for TD Securities. Before that, he was an assistant portfolio manager for the Ontario Teachers’ Pension Plan and an economist for both TD Bank and the Bank of Canada. He has been in the investments industry since 2004.