Thomas Buckingham, manager of the J.P. Morgan Asset Management UK Higher Income fund, selects five of his preferred stockpicks to deliver a sustainable and growing income.
We continue to find good equity income opportunities within the UK financials sector. We have been overweight in insurance and asset management companies throughout the year, and we continue to see sustainable yield attractions despite the strong performance of this sector. We only invest in shares yielding more than the wider UK market, but where we also have strong confidence the company will be able to pay the expected dividend. Some examples of this include Aberdeen Asset Management, which is a name we have recently added. The company is expected to yield 3.9% in 2014, with signi...
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