Income generation X

The launch of new income-generating products continues apace with Invesco Perpetual being the latest group to bring an offering to the market with its Asian Income portfolio, to be run by Stuart Parks and Tim Dickson.

The fund aims for a yield of about 4%, compared to current yield of 3% from the benchmark index, the MSCI AC Asia Pacific ex Japan. It is indicative of the way Eastern markets have developed that Asia now offers a realistic and comparable dividend source to that of traditional Western markets, in particular the UK. Invesco Perpetual’s fund will sit alongside already well-established Asian equity income funds from the likes of BNY Newton and Schroders, as well as specialist bond or infrastructure portfolios seeking to pay a regular yield from the region. To advisers creating income str...