Which asset class is best for income?

UK equity income   Tristan Hanson, Head of asset allocation, Ashburton It is clear most ‘high quality' developed market government bond markets are unlikely to deliver positive real returns over the coming years: real yields on inflation-linked bonds are, after all, currently negative in the US, Germany and the UK. Such pricing of inflation-linked bonds can only be justified by a view that the real returns from cash will be even more negative; or, in the case of nominal bonds, that a long period of deflation is likely despite the efforts of central bankers to reflate via QE. H...