UK

Stick with value approach

'Relevant' to all holdings

Managed by Greg Tournant

'Big adjustment in markets'

S&P 500 up every month in 2017

January is the time when commentators opine about the direction of markets and likely macroeconomic trends in the year ahead. They may not focus on certain regulatory and accounting changes which will impact the UK equity market in 2018.

Failing to meet FTSE All Share yield

Human prosperity never abides long in the same place

The old saying "markets like to climb a wall of worry" proved spot on in 2017, writes Russ Mould, investment director at AJ Bell.

Many investors are tempted by tactical asset allocation - the practice of shifting a portfolio's weighting as the outlook chops and changes.