Income generation will be key in 2009 - Collins Stewart

He says this year investors' focus was clearly centered on capital preservation and return of capital but in 2009, income generation will become a key concern for clients. However, global cuts in interest rates have made it extremely difficult for income investors as their targets can no longer be met by holding cash in the bank or through the purchase of government bonds given the collapse in yields this year, Oliver says. "Consequently, we can see particular attractions in the investment grade corporate bond space at present - a look at the US for example reveals that investment grade c...