Stephen Thornber, manager of the £250m Threadneedle Global Equity Income fund, selects five income stocks currently yielding over 5% each.
1 Blackstone Blackstone is the largest alternative asset manager in the world and is benefiting from a number of powerful drivers to its business. Banks around the world are being forced to deleverage as tighter controls on capital are implemented by regulators. Blackstone, with its strong capital base, ability to raise new funds and management skills, is ideally placed to acquire assets at attractive prices that the banks are being forced to sell. Together with a strong balance sheet and a commitment to an attractive dividend payout, Blackstone is yielding 6% currently and we belie...
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