Man FRM Early View

April 2017

MAN FRM

Barring a significant polling shock in the second round of the French election, Macron winning the French presidency would seem to usher in a new era of confidence for risk assets. We are not so sure.

Beyond the brief respite from political worries, the positive case rests on the current state of global growth: it is broader, more robust and more sustainable than at any point since 2008. Emerging Markets are a growing component of that growth, but even there the issues around balance...

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