FRENCH POLITICS—SET FOR A RESHUFFLE

OBSERVATIONS | APRIL 2017

As we approach the French election, a win from Le Pen threatens to destabilise markets. We discuss outcomes for the election and what it means for investors.


In 2016, two major political events defined the investment landscape and dominated investor sentiment. First, the UK voted to leave the European Union (EU), then Donald Trump stunned the world by becoming the 45th president of the US. Since these unexpected events, investors have become increasingly focussed on negative scenarios. As we approach the French presidential election, a win from far-right National Front leader, Marine Le Pen, may pose a further threat to market stability.

In this article, we look at how the French election process works, potential outcomes of the election, and what it means for investors.