Polar Capital Global Financials - Update from QuotedData
23rd May 2025
An entry as well as an exit opportunity
The financials sector is too big to ignore, yet too complex for most investors to cover effectively. Fortunately, Polar Capital Global Financials Trust (PCFT) makes an ideal subcontract. Its attractions are amplified by its structure, which provides shareholders with regular exit opportunities, one of which is on the table now. It is a chance for institutional investors to buy stock in size too, and we think there are good reasons to do so.
The financials sector is in good shape, having had a run of good performance (outperforming the broader market in four of the last five years). Importantly, those returns have been driven by earnings growth rather than valuation multiple expansion, which means that the sector still looks cheap relative to history and the wider market. In addition, it looks as though that earnings growth could persist; perhaps even accelerate. PCFT has beaten its benchmark over the last five years, and we would back it to do so again over the next five years.
Full Research:
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 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 Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.
QUOTEDDATA
50 Gresham Street | London EC2V 7AY
Tel: +44 (0) 20 3691 9430
www.quoteddata.com | research@quoteddata.com | www.martenandco.com
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.