The proof there's still value in UK equity income

Given the market environment characterised by low interest rates and swings in investor risk appetite, it is perhaps unsurprising that high yielding stocks have been so popular with investors. However, we do not believe that equity income as an asset class is currently overpriced. In fact, we are finding many long-term opportunities among companies with a proven ability to maintain and grow their dividends. In relation to other global markets, we believe UK equities look particularly attractive based on price to estimated 2013 earnings. UK shares are currently trading at 10.6x, compar...