Invesco Fund Manager Bets on Underperforming UK Blue Chips

Reported 2 days ago

Invesco's Martin Walker sees opportunity in UK blue chip stocks like BP, Prudential, and Centrica, despite their poor performance this year. The companies feature prominently in the Invesco UK Opportunities Fund, which has outperformed many peers. According to Walker, their current low valuations present a lucrative investment opportunity, particularly as these stocks are trading significantly cheaper than overall market valuations. While some have struggled due to market weaknesses, Walker remains committed to value investing, focusing on potential returns rather than emotional attachment to specific holdings.

Source: YAHOO

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