Eleanor Lawrie: It's time to invest in the 'internet of things': Fund manager reveals why he believes smart US technology is the place to be

While US investors may be worrying about what effect a Trump presidency would have on their stock market, Franklin Templeton's Grant Bowers is confident he has identified themes that can continue to grow against an uncertain backdrop.

The Franklin US Opportunities fund he manages has its biggest overweight position to information technology, with a 3.7 per cent holding in Amazon, and 3.5 per cent in Facebook.

The manager believes the 'internet of things' - or the increased interaction between devices and humans - is going to be a game-changer, with the likes of driverless cars moving out of science-fiction and onto the roads.