Investors face risk/reward dilemma in search for income

A survey of advisers by AGI reveals a risk/reward dilemma, in which 62% of advisers think it will be necessary for investors to increase their risk appetite, despite 65% of them believing their clients' risk appetite has decreased in the past six months. "This has been an age-old conundrum in the world of investment, however the current economic situation has amplified this," says Nick Smith, a managing director of Allianz Global Investors Europe. "Not so long ago investors were able to target income yields of +10% through competitive high street bank accounts. "However, we are now see...