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By Ben Russon, Vice President, Portfolio Manager, UK Equity Team, Franklin Local Asset Management
Equity markets across the globe reacted to key events in 2016 in ways investors may have not expected, and the UK equity market was no exception. Ben Russon, vice president, portfolio manager, Franklin UK Equity Team, weighs in on trends he has seen in the UK equity market, and why investors should brace for a period of inflation in the United Kingdom.
Global equity markets witnessed significant changes in 2016, prompted in part by the result of the Brexit referendum, the US presidential election and the upward movement in interest-rate expectations—particularly in the United States. We think those developments will serve to set the tone for 2017...
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