Invesco Sees Case for UK as Non-Tech Diversification Play

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Invesco 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

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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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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Original article published by Bloomberg on February 17, 2026.
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