Buxton: We are in the foothills of a new bull market

Starting valuations for UK stocks and increasingly negative equity sentiment point to the beginnings of a new bull market, according to Schroders' Richard Buxton.

In his outlook for 2013, Schroders' head of UK equities acknowledged macro concerns over the US fiscal cliff, the slowdown in China and the eurozone debt crisis, but said all three fears would lessen over...