WITH interest rates in developed economies at rock bottom and, with an impending rate rise in the US, the chase for yield has sparked a flurry of commentary about how investing for income is not suited to the times.
But this parochial thinking ignores one major factor - the long-term sustainable and consistent income, as well as capital growth, that this style of investing can deliver.
No doubt, generating income when yields are at historic lows is no longer as simple as investors once believed.
However, it is important to look past the short-termism of what investment style is in vogue and seek out the longer-term benefits of any investment approach. In this sense, the multi-asset income approach...
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