Potential successor to the UK prime minister Burnham says MPs should be genuine representatives of voters.

INVESCO said in a Monday survey that sovereign wealth funds and central banks managing $29 tln are reallocating toward energy assets and expressing concern about the dollar, reflecting portfolio reassessments driven by unprecedented geopolitical shifts. The survey of 90 sovereign wealth funds and 54 central banks found that amid trade tariffs, waterway closures and conflicts in Ukraine and the Middle East, investors are prioritizing diversification and portfolios able to withstand shocks and remain broadly stable. About 80% of respondents said energy security and energy-transition infrastructure are the most reliable ways to boost portfolio resilience; INVESCO said infrastructure will account for 9% of sovereign wealth fund assets by 2026. INVESCO noted that demand for energy-intensive AI infrastructure is increasing the appeal of such assets. INVESCO research head Benjamin Jones said resilience is becoming a requirement rather than a luxury.

Market sources: Turkey lifts short-selling ban on equities.