Invesco Sees Case for UK as Non-Tech Diversification Play
Market Intelligence Analysis
AI-PoweredInvesco strategist Ben Gutteridge suggests UK equities as a diversification play for investors looking to move away from the tech-heavy US market, citing potential rate cuts and undervalued sectors like energy, tobacco, and mining.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Invesco strategist Ben Gutteridge explains why UK equities deserve a place in portfolios as investors look to diversify away from the tech-heavy US market. "We see rate cuts coming through, that could be supportive," Gutteridge tells Bloomberg Television. "There are like-for-like businesses in energy, tobacco and mining that are trading on discounts to international peers," he adds. (Source: Bloomberg)
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