Darius McDermott: Is income under pressure?

After the income famine that investors experienced in the aftermath of the financial crisis, the past few years have seen a feast. Bonds, equities and alternatives have all been a source of high and sustainable yields. But with the recent strength of stock markets and narrowing credit spreads, income has been squeezed again. Is a 5% income yield still realistic in the current environment? It is increasingly difficult to get this level of income from the stock market. A stronger performance from many of the world's higher income markets – the UK, Latin America – has left yields lookin...