Investors look east

These are difficult times for those who depend on a steady income from their investments. Savings rates have fallen significantly over the past few months which is a particular problem for those coming up to retirement. In many ways, it is the dramatic fall in income rates, rather than the erosion of capital, that is causing the most distress to older investors. Traditionally, British investors seeking income with the prospect of capital growth have focused their attention on the high yielding shares of UK companies. But this is changing - income investors are starting to look overseas, a...