Invesco remains bearish on equities

Invesco Perpetual remains bearish on the likelihood of a turnaround in the equities markets this year, according to chief investment officer Bob Yerbury. With the Isa season approaching, the group has made a bid to win over uncertain investors with the launch of an investment phasing option on its Isa packages, allowing assets to be drip-fed into the market or held until market conditions improve. Yerbury said the global downturn in equity markets since spring 2000 was different from almost all previous downturns in that it was not partnered by a banking crisis. The banking crisis in ...