Jo Rands, portfolio manager at Martin Currie, part of Franklin Templeton, said the makeup of the UK’s blue-chip index made it ideal for investors seeking dividends, as it is comprised of high yielding sectors such as banks, miners, and oil companies.
“This is in stark contrast to the US where low-yielding tech companies have a market dominance,” she said.
Kunal Kothari, a fund manager at Aviva Investors, was equally confident that when it comes to absolute yield, the UK market is a “leader”.
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