Groups should be wary of jumping on the latest income-generating bandwagon

The quest for income continues unabated, despite the fact the top equity fund managers are noting a ...

The quest for income continues unabated, despite the fact the top equity fund managers are noting a return to growth stocks like technology. But while the cynic may find something to criticise about an increase in UK equity income funds at what could be considered a peak in their popularity, for once the current marketing push by groups looks to be trend-setting rather than trend following. Instead of just promoting UK equity income vehicles to intermediaries and their clients, increasing number of providers are diversifying their offerings with overseas income vehicles. Little-known bout...