Invesco EMEA

For professional investors only. Last week, more data was released indicating greater disinflationary progress in the US. Chief Global Market Strategist Kristina Hooper believes the Federal Reserve will cut rates this quarter, and she sees room for more than one cut in 2024. Here's what else Kristina covers in her latest #WeeklyMarketCompass. • While companies have just started to report earnings, Kristina thinks this will be a rather positive earnings season in general. S&P 500 companies are forecasted to deliver earnings growth of 9.3% for the second quarter – which would be the highest year-over-year earnings growth rate reported since the first quarter of 2022. • The new UK Labour government announced the launch of a multi-billion pound national wealth fund whose objective is to grow the UK economy through the support of green investment and infrastructure development. • China’s Third Plenum kicks off this week. Various reforms are likely at the top of the agenda, and Kristina will be particularly interested in property-related policies, which will be critically important as the sector continues to address lower prices and rising inventory.

For professional investors. Capital at risk. “I think it’s that kind of Goldilocks scenario. The global economy is neither too hot or too cold”, explains Paul Jackson from our Global Markets Strategy team in our recent midyear outlook webinar. Discover more insights on the economy and market conditions in the second half of the year by catching up with the webinar on-demand: https://lnkd.in/eDf33sMB

Professional investors only. June was mixed for global equity markets. The UK market fell despite positive economic data, while the US market saw gains across major indices. Asian and emerging markets performed well, led by Taiwan and India. Read our Monthly Market Roundup for June.

In June, our Business Resource Groups (BRGs) came together in Henley and London for our third annual BRG showcases. This was an opportunity for our employees to share the positive impact they are making at Invesco and the various communities they represent. Employees engaged with interactive games and challenges which reinforced the idea of 'One Team' at Invesco. During the London showcase, the Invesco Proud Network (IPN) also came together for one of their many events celebrating #PrideMonth. The evening commenced with a speech from Doug Sharp, IPN's global executive sponsor and Head of the Americas & EMEA, Adrian Mulryan, IPN’s EMEA executive sponsor and CEO of Invesco Investment Management, and Victor Meyer, global co-chair of IPN and Head of Investments Legal. Thank you to our BRGs across Henley and London for putting together an incredible event for our colleagues to enjoy! #LifeatInvesco

Pour les investisseurs professionnels. Risque en capital. Nous pensons que la dette en devises fortes de qualité "investment grade" des marchés émergents constitue une option intéressante pour les portefeuilles d’investissement des assureurs. Avec des rendements actuellement à des sommets historiques, la classe d’actifs pourrait générer des rendements ajustés au risque attrayants sur le long terme. La forte croissance de la taille du marché signifie que plus de la moitié du marché de la dette émergente est désormais notée "investment grade" et que la classe d'actifs peut offrir d'importants avantages en matière de diversification dans un large variété de régions, de pays et d’émetteurs individuels. Lisez l’article complet ici.

For professional investors only. In this week’s ‘In the know’ newsletter, Kristina Hooper and Arnab Das explore the impact of global economic divergence on investment opportunities. Invesco experts Kevin Egan, Ron Kantowitz, and Paul Triggiani discuss how yields have historically maintained record highs and offer positive relative value. Lastly, Paul Jackson and András Vig anticipate major central bank rate cuts by mid-2025, shaping asset allocation strategies amidst geopolitical uncertainty in our Quarterly Global Asset Allocation Portfolio Outlook for Q3.

Invesco and Invesco Great Wall recently co-hosted an industry luncheon in Dublin on the latest trends and developments for investing in China. Mr. Li Hui, Executive Vice President from Shenzhen Stock Exchange, kicked off the event, and Sean Connery, CFA, CAIA, Client Director at Invesco, served as master of ceremonies. Paul Jackson, Invesco’s Global Head of Asset Allocation Research, provided an update on the Chinese #equities market, and Stephanie Butcher, Invesco’s Co-Head of Investment, Donough Kilmurray, CIO of Davy, and Garvan McCarthy CIO of EMEA and Asia at Mercer, had a panel discussion covering where money is already in motion for China investments. Adrian Mulryan, CEO of Invesco Investment Management, wrapped up the event with closing remarks. Thank you to all of our speakers and guests for joining us! For professional investors only.

For professional investors. Capital at risk. Major central banks have started interest cuts as disinflation continues. But how many cuts are we likely to see? Paul Jackson shares his view in our recent midyear outlook webinar. Catch up with more insights on-demand: https://lnkd.in/eDf33sMB

"Is your body an ornament or an instrument?" As part of our programming for #PrideMonth, the Invesco Proud Network (IPN) teamed up with with EMEA Mental Wellbeing and the EMEA Tech Wellness group to honour Men's Health Week by hosting a global conversation with Chris Bell. Chris is an academic, speaker and trainer who specialises in physical and mental health, and he joined Invesco for a thoughtful discussion on body image and the role that media and social media play in men's mental health. During his presentation, Chris left our audience with mindset shifts we can all take to foster a healthier body image. One of his points focused on looking at the body as an instrument that allows you to do things that you enjoy. Thank you to Chris for his time, and to our employee-led Business Resources Groups for putting together an insightful program.

For Professional Investors. Capital at Risk. As we approach the midway point of 2024, we expect inflation to continue falling across most Western developed economies. But we believe it’ll fall fastest outside of the US. Hear more from Kristina Hooper, Invesco’s Chief Global Market Strategist. https://ow.ly/zzZi50SrO4T