peepo/E+ via Getty Images Income assets and the broader financial market have zoomed higher over the last while. Across the income sectors we track, only local EM debt is in the red year-to-date, and that's only because of dollar strength.   Systematic Income Because we follow a countercyclical value-based approach to our allocation (we reduce risk exposure when compensation for taking risk is low, such as now and vice versa), we have had to cull some high-flyers in our Income Portfolios. This includes  ...