Five of the Best: Global dividend payers

Equity funds in most regions may have enjoyed strong capital growth so far in 2013, but the ongoing hunt for yield means equity income strategies are still sharing the limelight.

As investors look further afield for those dividends, funds under management in the IMA's Global Equity Income sector have risen from £6.2bn in January to £9.3bn as of the end of Q3, recent IMA data shows. Those global strategies naturally have a much larger opportunity set, meaning some form of screening is vital. For Ian Mortimer and Matthew Page, managers of the Guinness Global Equity Income fund, that involves reducing the 14,000 globally-listed eligible income stocks to just 450 potential investments. The managers filter out companies by examining whether historic returns on c...