Jupiter's Davies: The longer-term secular growth trends offering 'exciting opportunities'

Technology and EM consumer landscape

Steve Davies, manager of the Jupiter UK Growth fund, gives his outlook for UK companies in 2017 following the Brexit vote, and highlights some longer-term trends which could benefit portfolios.

The clear lesson for investors in 2016 was to expect the unexpected, particularly when it came to politics, and for perfectly understandable reasons investor sentiment towards the UK is at rock-bottom at present. Despite this, anything that suggests we are heading for a softer Brexit, and with an extended transitional period, could trigger a bounce in sterling and a re-appraisal of the attractions of UK domestic companies, whose valuations I believe now look very appealing.  The resilience of UK consumers has been a boon to UK domestic companies, with disposable income in the UK conti...