Argonaut's Russ sees quest for income as high priority
The quest for income continues to be a high priority for investors, particularly with returns on cash currently virtually zero. But while demand UK equity income remains strong, the high correlation of stocks in these funds has led to many calls for geographic diversification. With about 56% of the total dividend payout in the UK coming from just 10 stocks, Argonaut Capital’s Oliver Russ highlights the fact Continental Europe offers more than three times as many high-yielding companies and a far wider range of available sectors. Russ has run Ignis Argonaut European Income for five yea...
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