Compounding time and patience

EQUITY INCOME

With interest rates hitting new lows on cash and bonds, European income investors are once again seeking income and looking no further than the UK. However, attractive opportunities exist in abundance just across the Channel...

It can be a frustrating job being a European income fund manager. With such low interest rates on cash and bonds, UK investors are once again vigorously seeking income. The trouble is, to a large extent, they are looking no further than home shores and are ignoring the plethora of attractive dividend-paying companies residing just across the channel. We feel like wine merchants in the time of prohibition, with plenty of good vintages waiting for buyers. It is little wonder most investors are in the dark – the European income investing industry is not as mature and does not have as big a ...