Article

Tactical asset allocation

July 13, 2021
Alessio de Longis
Alessio de Longis
Head of Investments and Senior Portfolio Manager
Asset allocation

Synopsis

Our framework continues to suggest the economy is in expansion. Looking ahead, we assess the probability of a short-term peak in the cycle over the next few months and place it in context with recent monetary policy developments. 

We have implemented no changes in the Global Tactical Asset Allocation model1 and maintain a higher risk posture than our benchmark with an overweight to equities and risky credit at the expense of investment grade and government bonds. We continue to favor equity markets outside the US, and cyclical styles/factors such as value, small caps, and mid caps, despite their recent performance pullback.

Download full paper

Related articles

success failure

Keep up-to-date

Sign up to receive the latest insights from Invesco’s global team of experts and details about on demand and upcoming online events. 

Keep up-to-date

When you interact with us, we may collect information about you which constitutes personal data under applicable laws and regulations. Our privacy notice explains how we use and protect your personal data.

If your interests change, you can update your preferences at any time.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Like what you see?
Hear first about events and get insights from our global network of investment and policy experts
Sign Up

Investment risks

  • The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.

Important information

  • Data as of June 2021 unless stated otherwise.

    This document is marketing material and is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell securities.

    Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals, they are subject to change without notice and are not to be construed as investment advice.