US rate cuts and a slowing global economy have overshadowed the financials sector and banks in particular so far this year. With banks trading close to multi-year lows, Polar Capital Global Financial (PCFT)’s managers have been adding to positions in their favoured stocks.
29 Oct 2019
Banks too cheap to ignore
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Banks too cheap to ignore
Polar Capital Global Financials Trust Plc GBP (PCFT:LON) | 161 1.3 0.5% | Mkt Cap: 490.2m
- Published:
29 Oct 2019 -
Author:
Ed Marten -
Pages:
10
US rate cuts and a slowing global economy have overshadowed the financials sector and banks in particular so far this year. With banks trading close to multi-year lows, Polar Capital Global Financial (PCFT)’s managers have been adding to positions in their favoured stocks.