Polar Capital Global Financials - More to go for
RNS Number : 9646S
Polar Capital Global Financials Tst
19 November 2021
 

Polar Capital Global Financials Trust - Update research from QuotedData

18th November 2021

More to go for

 

Polar Capital Global Financials Trust (PCFT) has been having a great run of performance and we are delighted to see it re-expanding, with over 148m shares issued since 31 October 2020.

 

The bounce in the financials sector began with last year's good news on vaccines. Restrictions on dividends and share buy backs are being lifted and, as defaults on loans have remained low, banks' balance sheets are looking overcapitalised. There is also a growing expectation of higher margins for banks as interest rates/long-dated bond yields rise in response to inflation.

 

PCFT is capturing the benefit of the sector's good fortune. Its globally-diversified portfolio offers exposure to much better-quality financial stocks than are commonly available to UK domestic investors. Its managers are convinced that there is more to go for.

 

Full research:

https://quoteddata.com/research/polar-capital-global-financials-trust-m…

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on Polar Capital Global Financials Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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