Diversifying your income

Over the past few months we have seen investment houses launching new, or making available to UK based investors, a relatively new breed of fund - global equity income. The UK equity income sector has a market value in the region of £50 billion and was the best selling IMA (Investment Management Association) retail sector in 2004 and 2005 and second only to the property sector in 2006. This high demand does however, present fund managers investing in this space with a raft of issues. Frenzied M&A activity has decreased the number of opportunities available and with share prices generally ...