Invesco Perpetual

Le Pen the biggest headwind

Follows FCA evidence of 'moderate' decline in liquidity

'Increasingly important asset class'

Follows retirement of Invesco's Mark Armour

2016 model portfolio underperformed benchmark

Fundsmith tops the list

Extension of multi-asset offering

UK equity market faces 'several challenges'

Rewarding younger talent

Nick Mustoe, CIO of Invesco Perpetual, talks to editor Katrina Lloyd about multi-year valuation opportunities for cyclical names, and the particular attractions of oil companies and banks.