Finger poised, Cobb explains FTI's UK strategy

UK Equity will be benchmarked against the FTSE All Share, but Cobb says he will only be investing an average of 2% to 2.5% of the fund in each of the roughly 45 stocks he sees being in the portfolio. "It’s not like a Dynamic fund," he admits, "it’s more something that takes the Franklin Templeton (FT) global group style and filters it down to the country level." Among other things, this means the UK fund will reflect the FT way of taking a five-year view and picking stocks from the bottom up. Cobb says the UK market is still full of opportunity, albeit prices are now "not cheap but...