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By Steven Andrew, Fund Manager MG Income Allocation Fund
The result of one of the most combative French presidential elections in recent years was in line with opinion polls and saw Emmanuel Macron being chosen as the new leader of the country. This marks an important shift in the narrative around European politics: not all popular discontent in Europe can be channelled as anti-EU or purely nationalistic.
Macron's victory is certainly good news for political supporters of the European project as his programme focusses on a deeper integration and better cooperation between the various countries in the Union. Furthermore, a strong believer in free trade and globalisation, the new French president will aim to benefit from those trends...
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