Publication date: 23 April 2024
Published by: Polar Capital
Author: George Barrow, Fund Manager, Global Financials Team
George Barrow, Fund Manager of the Polar Capital Global Financials Trust, explores European banks’ revival in relative performance, citing a more stable regulatory landscape and shifting monetary policy as the main catalysts of their step-change in profitability.
George also explains how banks’ current valuations do not reflect the change in the sector’s risk and earnings profile and believes that the strong relative performance is set to continue, providing and attractive risk/reward for shareholders in the medium term.
Article originally published by Polar Capital. FE fundinfo is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.
