As we head into the final months of the year, there could be more trouble ahead for corporate margins. What impact could post-covid reopening and supply chain costs have and what other obstacles could disturb profits?
The UK has experienced a high level of headline inflation this year. But is this a short-term consequence of the economic bounce-back post-covid, or the start of a longer-term pick-up in price pressure?
Stakeholders at the government, institution and investor level are increasingly looking at ESG in a more granular way – seeking information on many other criteria considered fundamental to improving the planet, business practices and wider society.
Invesco recently surveyed 161 financial advisers and 201 advised investors to get their views on ESG and found a considerable and widespread appetite for these strategies.
Having spent nearly 18 months looking through the economic implications of a global pandemic, the market is now becoming fixated with the growth outlook, even as regions optimistically – and with some trepidation – ease restrictions and return us to some normality.
Inflation trends have been a key focus for the first half of 2021. Find out why Clive Emery (Multi Asset Fund Manager) thinks it’s more about growth.
As the appetite for ESG investing grows, investors are becoming aware of some of the trade-offs that sometimes have to be made. Our panellists discuss why investors may need to take a more nuanced approach when investing sustainably.
We cannot escape the fact that the market is beginning to look expensive at the headline level. Fortunately, we do not have to buy the index. As active investors, with a contrarian approach we are well positioned to take advantage of the valuation disparity across sectors.
E-commerce has been like a massive wave that has washed over much of the traditional retail footprint in the US and Europe. Globally, e-commerce retail sales are projected to hit $6.5 trillion in 2024.
We believe the recovery following the Covid-19 pandemic will be stronger than, for example, the recovery following the GFC, and stronger than consensus forecasts. However, we do not sign up to the theory that this will be driven by excess savings.
Markets have performed well since March 2020, but we believe the wide valuation discrepancies that exist between sectors is not justifiable given the breadth of earnings recovery now being seen.
The Invesco Tactical Bond Fund (UK) is our investment philosophy distilled into a single fund. It’s designed to allow us to align risk to reward, both the level and the type, across bond markets as the opportunity set changes. In that way we seek attractive risk-adjusted returns and to achieve income and capital growth over time.
A friend of mine recently described his “self-inflicted” investment experience as like being on the ocean in a storm bouncing left, right, up down…from growth to value to international to domestic…advice coming from all sides…all of it conflicting with other reasonable-sounding advice. Caught in a storm of labels, his results were terrible, and his head was spinning trying to reconcile all of the different investment styles out there. Sound familiar?
Our focus as active fund managers is always on finding mispriced stocks and ESG integration underpins our investment process at every stage.
Do rising yields signal the end long-term bond bull market that began 40 years ago?
Ian Hargreaves, co-Head of the Asia & Emerging Markets Equity team, outlines his views on the opportunities he sees within the Asian equity markets over 2021. Asian equity markets have enjoyed a v-shaped recovery since their March lows, but recent market strength suggest markets are up the events. Looking forward, Ian believes this offers a notable amount of scope to drive outperformance by capitalising on valuation differences within different areas of the market.
Find out more about the seven habits of highly effective investments
E-commerce has been like a massive wave that has washed over much of the traditional retail footprint in the US and Europe. Globally, e-commerce retail sales are projected to hit $6.5 trillion in 2024, from $4.0 trillion in 2020
Question: You say you are a contrarian investor. If we look at your top holdings in the Invesco Asian Fund (UK), such as Taiwan Semiconductor Manufacturing (TSMC) and Samsung Electronics, they don’t seem very contrarian ideas. Have your philosophy and process changed?
Environmental, social and governance (ESG) concerns are an increasingly important consideration for many clients. At Invesco, we have long recognised the significance of assessing ESG related factors as determinants of financial performance.