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FEP - European Parliamentary Elections 2019: Caution Reaffirmed
First Trust Europe AlphaDEX Fund
The EU parliamentary elections held last weekend delivered few surprises. Support for populist parties across the EU rose from around 22% in 2014 to around 28% currently, broadly in line with predictions from pre-election polls. The ranking of key groups in the European Parliament also looks to be in line with expectations, with the center-right EPP likely to have the highest representation in parliament (with 179 out of 751 seats), followed by the center-left S&D (153 seats) and the centrist ALDE&R (105 seats).
No doubt, the election confirms that anti-establishment sentiment has been on the