Franklin Templeton's Russon: The great equity market rotation

With significant political decisions undertaken during 2016 on both sides of the Atlantic, 2017 now becomes a year of execution, writes Ben Russon, portfolio manager of the Franklin UK Opportunities fund.

For investors in the UK equity market, the implications of this will be significant in shaping their portfolios and determining the returns that can be achieved.            Despite the international spread of UK-listed companies, the prospects for the domestic economy is of huge relevance to vast swathes of the UK equity market. The outlook on this front has been severely clouded by the prospect of the UK leaving the EU.   Given the impact the Brexit decision has had on factors such as the value of sterling, business confidence, and input cost pressures, coupled with the recovery in t...