Invesco Solutions and Custom Strategies - Tactical asset allocation

Resilient Growth Supports a Defensive Equity Tilt

Invesco Solutions and Custom Strategies assesses a global economy still growing above trend, but with slowing risk appetite and elevated geopolitical, inflation and policy uncertainty.

• AI-driven earnings remain supportive, with strength broadening beyond the Magnificent 7 across the wider S&P 500.
• Invesco maintains a modest preference for equities over fixed income, favouring quality, low volatility and defensive sectors over cyclical exposure.
• Within fixed income, the strategy underweights credit while retaining duration as a hedge against downside growth risks.

Explore the full report to understand how Invesco is balancing resilient growth with a more cautious, diversified tactical allocation.