Biggest Danish Pension Fund Says France Tops EU Political Risk
AB's Loughney Sees French Markets Focused on Uncertainty
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Denmark’s biggest pension fund, ATP, says the main risk facing investors tracking European politics is the presidential election in France, especially after the main establishment candidate came under fire for alleged corruption.
Christian Hyldahl, who replaced Carsten Stendevad as the chief executive officer of ATP last month, said investors should brace for a selloff in peripheral bond markets and a general flight to safety should the National Front’s Marine Le Pen win.