Investors are being urged to carry out extra due diligence on global equity income funds on fears of 'disproportionately rising stock risk', as the sector's average exposure to UK-listed names reaches a three-year high.
A so called 'dash for trash' could see investors that are focus on 'quality income' in US markets underperform in the coming months, according to Stephen Thornber, fund manager at Columbia Threadneedle.
Baring Asset Management has appointed former Sarasin & Partners' head of equity income Darryl Lucas as global equity income manager, ahead of a product launch in this area.
Financials and oil stocks favoured
Neptune's George Boyd-Bowman, manager of the Global Income fund, assesses the impact of Abenomics on corporate Japan.
MFS Investment Management has expanded its range of income-generating products with the addition of US and Global Equity Income funds.
Group responds to client demand for income
New fund will be run by head of global equities and his team
Jupiter is seeking to expand its stable of income-generating products in the second half of this year via the launch of an Enhanced Distribution portfolio and a fund for new hire Jason Pidcock.