UK-mid caps: Where to find dividend growth

DIVIDENDS

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Mark Barnett, manager of the Invesco Perpetual UK Strategic Income fund, highlights three areas of opportunity in the UK mid-cap space.

The strong performance of the UK stock market over the past year has created a sense of optimism about economic recovery and a growing expectation of a multi-year equity bull market. However, this market rise has also been notable for significant increases in monetary stimulus and liquidity, along with steadily declining profit expectations. As such, recent speculation regarding the timing of a scale back of quantitative easing from the US central bank, along with increased strain becoming apparent in the Chinese financial system, has led to an increased level of market volatility. De...

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