Polar Capital Global Financials Trust hopes M&A and technology developments could help drive the broader financial sector
It’s been 10 years since shares started to recover from the global financial crisis-induced market collapse. However, there are pockets of the market still trying to play catch-up including financial stocks like banks which remain ‘unloved, under-owned and misunderstood’, say John Yakas and Nick Brind, managers of investment trust Polar Capital Global Financials ( PCFT ) . They believe the financial sector offers a buying opportunity for the coming...