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.
Royal Mail reported a significant jump in profits this morning thanks to a number of one-off gains, as it posted its first set of results since listing.
Rathbones' veteran income investor Carl Stick on price risk, asset quality, and the importance of protecting on the downside.
Royal Mail shareholders have been richly rewarded so far, with gains of more than 60% on their investment. But is the game up for now, or should investors hang on to shares ahead of the group's results?