Asset class

Our global investment teams outline their views across the asset class spectrum.

Equity

Fixed income

Multi asset

Alternatives

Equity

Fixed income

Fixed income in 2023: Invesco’s flexible approach for navigating market uncertainty

Fixed Income Fixed income in 2023: Invesco’s flexible approach for navigating market uncertainty

By Invesco

We share our scenario analysis to help clients navigate an uncertain landscape. Our base case is that inflation has peaked – in which case we favour high yield credit and emerging market assets. Should inflation prove more persistent, with a deeper recession on the cards, then cash and government bonds are the order of the day. Read on for details – and for why we favour investment grade credit in both scenarios.

28 March 2023

Multi asset

Alternatives

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.

Important information

This website has been prepared for information and illustration purposes only. This website is not an offering of a financial product and is not intended for and should not be used by retail clients. It is not intended for residents in any jurisdiction where its use is not authorized or is unlawful. Circulation, disclosure, or dissemination of all or any part of this website to any person without the consent of Invesco is prohibited.

This website may contain statements that are not purely historical in nature but are “forward-looking statements”, which are based on certain assumptions of future events. Forward-looking statements are based on information available on the date hereof, and Invesco does not assume any duty to update any forward-looking statement. Actual events may differ from those assumed. There can be no assurance that forward looking statements, including any projected returns, will materialize or that actual market conditions and/or performance results will not be materially different or worse than those presented. The information in this website has been prepared without taking into account any investor’s investment objectives, financial situation or particular needs. Before acting on the information the investor should consider its appropriateness having regard to their investment objectives, financial situation and needs.

You should note that this information:

  • may contain references to amounts which are not in local currencies;
  • may contain financial information which is not prepared in accordance with the laws or practices of your country of residence;
  • may not address risks associated with investment in foreign currency denominated investments; and
  • is not tax or legal advice.
  • is no guarantee that any forecast, projection, assumption or any other views will come to pass.

All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. Investment involves risk. The opinions expressed are based on current market conditions and are subject to change without notice. These opinions may differ from those of other Invesco investment professionals. This should not be considered a recommendation to purchase any investment product. This does not constitute a recommendation of any investment strategy for a particular investor. Investors should consult a financial professional before making any investment decisions if they are uncertain whether an investment is suitable for them. Please obtain and review all financial material carefully before investing.

©2025 Invesco Ltd. All rights reserved