Invesco senior portfolio manager John Burrello said the current market environment is uncertain, with macro themes including U.S.-Iran geopolitical tensions and bond market volatility driving swings, according to Ming Pao.
He said he remains constructive on equities despite the uncertainty. The Invesco Advantage Stock Fund's top 10 holdings are mainly technology stocks, and he is not worried that AI-related shares resemble the dot-com bubble of 2000. Burrello said risk must still be managed systematically while continuing to capture growth opportunities. He added that, in managing the portfolio, diversification is important and stocks with stable dividends tend to show stronger downside resilience during volatile periods.