reach for yield

fund flows in 2016

A Solution To Solve The Savings Crisis: Bring Back Imputation For Company Dividends

AXA IM | With voters losing faith in the policy prescriptions of elites everywhere, including central bankers, there will be increasing pressure to find a ‘better solution’ not least to the pressures on the savings industry. Our contribution would be to monetise a lot of government debt and bring back franking credits on equity dividends.