Pedestrian growth will bedevil western economies for years as both governments and consumers struggle to reduce their excessive debts. Interest rates will be kept low as a result at both ends of the yield curve. In such an environment, dividends will become more important to overall market returns. But an important market shift is taking place, with an increasing proportion of equity income being generated overseas. This has happened relatively quickly and is ongoing, and investors need to position their portfolios accordingly.
subscriber-only content
visible-status-Subscription-Only story-url-FEATURE_JohnBaronInvestmentTrustPortfolio_091112.xml
