Where are the best sources of global income?

With 61% of UK dividends paid from just 15 companies, Talib Sheikh, manager of the JPM Multi-Asset Income fund, explains why investors should look to REITs and credit for global diversification.

Income investors have not had it easy. Years of ultra-loose monetary policy from central banks has meant perennially low interest rates, and miserable returns on cash and so-called ‘safe haven' assets like government bonds. Meanwhile, dividend growth among UK businesses has grown at its slowest pace in more than three years, as companies have struggled with a strong pound and mediocre global economy. What is more, concentration risk means investors should avoid overreliance on UK dividend income. This year, 61% of total UK dividends paid came from just 15 companies, leaving the market...