Are UK housebuilders a good hunting ground for income investors? The sector's dividend yield may be a generous 5.9%, but I am resisting the temptation, writes Miton's Eric Moore.
The first concern is financial metrics of the housebuilders are back to all-time highs. Margins and returns on capital have never been better and look decidedly ‘peaky'. Mean reversion may have its way. ...
Calling for 'imaginative and creative' approach to negotiations
Plans for transitional 'standstill' deal
Concerns over ballooning debt
Janus Henderson recruits Columbia Threadneedle's fixed income head Cielinski amid bond team restructure
Cielinski joining firm on 1 November