Jefferies analysts say European equities warrant reappraisal given the continent’s technology strengths. Higher social acceptance of AI in many European countries than in the US could allow Europe to capture AI-driven productivity gains; Europe’s large financial and industrial sectors should benefit from reforms aimed at encouraging investment. Heavy European investment in Africa gives listed European companies direct exposure to African growth. Jefferies sees these factors as a credible diversi

Jefferies analysts say European equities warrant reappraisal given the continent’s technology strengths. Higher social acceptance of AI in many European countries than in the US could allow Europe to capture AI-driven productivity gains; Europe’s large financial and industrial sectors should benefit from reforms aimed at encouraging investment. Heavy European investment in Africa gives listed European companies direct exposure to African growth. Jefferies sees these factors as a credible diversification case for investors.