Investment opportunities in Europe, September 2023

Europe has been somewhat overshadowed by the UK and the US in recent times. However, it's important to separate European economic developments from European equity markets. Mark Nichols, co-manager of the Jupiter European fund, talks us through the current economic environment in Europe and compares the revenue growth forecasts of the fund’s top seven European holdings to the "Magnificent Seven" of US big tech companies like Apple and Google.

We also discuss how negative sentiment in Europe can create opportunities for investors willing to delve into stocks on an individual basis. Mark also discusses the portfolio’s significant allocation to French and Dutch companies, which together make up almost half of the portfolio.