Not the time to be greedy in pursuit of income: BlackRock

Singapore

AN ageing demographic underpins an intense appetite for income globally, but now is not the time to dial up on risk, particularly as high quality dividend stocks are overvalued, said BlackRock head of income investing (multi-asset strategies) Michael Fredericks.

He said investors should continue to brace themselves for potentially sharp market pullbacks. "It's a low-growth world in developed markets. We're already at stall speed.…