Diversity is the spice of investment life

It is incredible to think that the Bank of England has held its base rate at 0.5% for more than four years. Not only is this the lowest rate in its history, but the length of time that rates have been static is at a post-war record. At first, the low rates looked like a temporary measure to jolt consumer and investment spending out of the financial crisis-induced downturn. Little by little, however, investors have come to recognise they may have to rethink some of their long-held views on where to source income. Certainly, the days of mid-single digit returns on cash are looking incre...