S&P 500

A year hyped as the start of a great rotation from bonds into equities actually saw more of a trickle out of fixed income, but it was not plain sailing for bond funds.

Japan's Nikkei fell for a second day overnight, while indices around the world also moved lower, as investors pull money out of the market on fears of imminent tapering by the US Fed.

CONTRARIAN INVESTOR

Legg Mason's Bill Miller is struggling to find the ‘extraordinary' value in the US he did last year, and said equity markets could rise even higher in 2014.

INCOME

The leading US equity markets hit fresh record highs on Monday, suggesting a ‘Santa rally' is well underway in the run up to Christmas.

STRUCTURED PRODUCTS

In an environment where bonds have sold off and equities look expensive, providing a return above inflation is tough, Edward Allen of Thurleigh Investment Managers tells Anna Fedorova.

Vanguard has moved to reduce prices on its emerging market and global bond trackers as price competition in the passive space heats up.

While its successful stock market debut stole the headlines and confirmed its position as the darling of the US tech sector, there is more to tech than Twitter.