Invesco Perpetual's Barnett: It will be hard to replicate the past year's returns

Sterling devaluation 'overdone'

Natalie Kenway
clock • 3 min read

Invesco Perpetual's Mark Barnett has sounded a "note of caution" on UK equity returns in 2017, warning they will not replicate the 25% gain seen over the past year, particularly as his team now believes sterling looks "significantly undervalued".

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

BoE's Huw Pill: Holding rates is a 'skip rather than a halt'
UK

BoE's Huw Pill: Holding rates is a 'skip rather than a halt'

Expects further cuts this year

Patrick Brusnahan
clock 17 October 2025 • 2 min read
Reeves unveils 'concierge' service in a bid to make UK top destination for global investors
UK

Reeves unveils 'concierge' service in a bid to make UK top destination for global investors

Three way partnership

Linus Uhlig
clock 17 October 2025 • 2 min read
Wealth tax could drive £100bn out of the UK
UK

Wealth tax could drive £100bn out of the UK

Over a quarter of the UK's billionaires are foreign nationals

Beth Brearley
clock 16 October 2025 • 2 min read
Trustpilot