An indicator that measures momentum in the FTSE 100 index has shot up to levels last seen in 1997, implying the UK's leading share index is at its most overbought level for 15 years.
Wealth manager Charles Stanley has reported a 4.6% jump in client funds under management, with a significant boost coming from discretionary managed funds.
Charles Stanley has appointed Douglas McNeill as investment director for its new direct-to-client service, due to launch at the end of March.
After an event-filled 12 months, industry experts reveal how they are shaping their portfolios coming into 2013.
The UK's biggest advice firms have been accused of failing to adequately inform potential clients whether they provide independent or restricted advice.
The cost of its contribution to the Financial Services Compensation Scheme has cost Charles Stanley 40% of its pre-tax profit in the last half-year.
Clive Beagles, manager of the £1.3bn JO Hambro Capital Management UK Equity Income fund, is continuing to back UK domestic names, throwing his weight behind unpopular "market laggards" Tesco and Halfords.
Former Hargreaves Lansdown investment manager Ben Yearsley has joined Charles Stanley to help spearhead the group's new direct-to-client investment service.