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...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes