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Digital Subscriptions > Portfolio Adviser > June 2017 > Macron fails to calm investor fears on Europe

Macron fails to calm investor fears on Europe

En Marche!’s victory puts ‘Frexit’ on the back burner but German and Italian elections loom on the horizon

UK and Asian equities remain more attractive in terms of valuation as critics claim Macron’s reforms may stall

What’s the story? Financial markets were temporarily buoyed by Emmanuel Macron’s victory in the French presidential election, with the euro soaring against the greenback in a trend that continued throughout the majority of May.

Winning two-thirds of total votes cast, Macron’s victory over his far-right rival Marine Le Pen was emphatic.

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About Portfolio Adviser

Portfolio Adviser is the leading monthly publication for investment specialists, DFMs and wealth managers who represent high-net-worth clients based in the UK and the Channel Islands. It is the financial service industry’s guide to the latest trends in fund selection, portfolio construction and asset allocation.
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