The single-layer perovskite cobaltates have attracted enormous attention due
to the recent observation of hour-glass shaped magnetic excitation spectra
which resemble the ones of the famous high-temperature superconducting
cuprates. Here, we present an overview of our most recent studies of the spin
and charge correlations in floating-zone grown cobaltate single crystals. We
find that frustration and a novel kind of electronic and magnetic nano phase
separation are intimately connected to the appearance of the hour-glass shaped
spin excitation spectra. We also point out the difference between nano phase
separation and conventional phase separation.Comment: * plenary talk SUPERSTRIPES conference 201