Going global with equity income

The past few years has seen the hunt for income become increasingly strained. Interest rates remain at an all time low while weak growth and high inflation figures have hit bonds. Investors looking towards the UK equity income market have also faced problems. UK companies have been hit hard since the crisis of 2008: banks received a battering; dividends were slashed; and last year’s BP disaster near enough destroyed any confidence left in the sector. As a result investors are beginning to search globally for income. Fund houses have noted the weakness of the UK equity income sector...