Invesco Perpetual's head of investment Neil Woodford says defensive areas of the market remain undervalued and offer opportunities to deliver strong dividends and cash flow.
He pinpoints pharmaceuticals, tobacco and utilities as sectors where investors can make money despite the recession. Woodford says: "I am erring on the side of defensives and I have been focusing on...
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation