A strong quarter for UK equities and the fund
- 10 mins 23 secs
Learning: UnstructuredMartin Walker, Head of UK Equities
Over the course of the quarter, the pound experienced a rebound as new Prime Minister Rishi Sunak and his Chancellor Jeremy Hunt reversed many of the measures pushed through by Liz Truss and her administration. Inflation hit 11.1% in October, but now appears to have peaked.
Going forwards, a global recession looks likely but recent data suggests this could be milder than initially thought. The team remains optimistic on UK equities, which they believe are still offering good valuation opportunities.
In his Q4 video update, Martin reflects on the quarter and answers the following questions:
- 00:21: What has been happening in UK markets?
- 02:43: How did the Invesco UK Opportunities Fund (UK) perform over the quarter?
- 06:16: What changes have you made to the fund over the quarter?
- 07:35: What is your outlook for UK equities in 2023?
The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.
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Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice.
Invesco Asset Management Limited, Perpetual Park, Perpetual Park Drive, Henley-on-Thames, Oxfordshire RG9 1HH, UK. Authorised and regulated by the Financial Conduct Authority.
Tags: Invesco, UK equities, Martin Walker, UK Markets, Inflation, Markets, 10Mins, Summer School,
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