U.K. publishing giant Pearson PLC (NYSE: PSO), parent to the Financial Times of London, has been added to the Global Income Edge Conservative Portfolio.  It pays  a 4.3% dividend.  Pearson is both a good investment and a defensive play. The U.S. stock market still seems overvalued despite October’s correction, which is why we’ve advised investors to diversify toward Europe to preserve wealth and income should U.S. markets suffer a prolonged decline. For the last decade, Pearson has been building market share in education services, digital learning and emerging markets.