Introduction – 00:18
The financial sector 10 yr performance – 01:38
Bank balance sheets – 02:10
Banks appetite for risk reduced – 03:32
Few signs of balance sheet stress – 05:19
Banks have significantly more liquidity – 06:17
FinTech – 07:37
Monzo & Revolut v One Savings Bank & Close Brothers v peer to peer – 08:30
Peak regulations for banks? – 14:00
How are the banks reacting to challengers? – 16:03
Capital return – 18:20
US Consumer leverage has fallen – 19:27
Have macro concerns outweighed fundamentals – 21:07
Bank have significantly de-rated – 22:40
Polar Capital Global Financials Trust – 25:43
PCFT performance v UK banks and competitor funds – 26:43
Top holdings & Geographic exposure – 27:25
Q&A – 28:18
Polar Capital Global Financials Trust plc is an investment trust company. The Company’s investment objective is to generate for investors a growing dividend income together with capital appreciation. The Company seeks to achieve its objective by investing in a global portfolio consisting of listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property and other sub-sectors. The portfolio is diversified by geography, industry sub-sector and stock market capitalisation. It may invest through equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options and other instruments, including derivatives. It offers investors a range of funds diversified by asset class, geographical and sectorial specialisation. The Company’s investment manager and advisor is Polar Capital LLP.
PIWORLD provides investors with the latest news and insight to listed companies and their management teams through either live or recorded results presentations, corporate overviews, management interviews and Capital Market Days. Together with interviews from leading fund managers, market specialists and esteemed private investors, we aim to keep the private investor community up to date and informed.
PIWORLD delivers high quality audio and video content to present anything from full-year and interim results to Capital Markets Days and corporate overviews. We bridge the gap between listed companies and the private investor community, who drive the share price and provide liquidity, providing a time and cost effective medium to reach this diverse and important audience.
