More than ten years after the financial crash, we find ourselves in a new, pandemic crisis. Like 2008, the financial sector has seen significant falls in recent weeks. Some banks are now cheaper than they were ten years ago. But are they a compelling investment opportunity? In this webcast, Nick Brind and George Barrow give their take on the outlook for the sector and how the Polar Capital Global Financials Trust (PCFT) is taking advantage of the opportunities available.
Nick joined Polar Capital in September 2010 following the acquisition of HIM Capital, and is manager of the Polar Capital Income Opportunities Fund and co-manager of the Polar Capital Global Financials Trust Plc.
Prior to joining HIM Capital, Nick worked at New Star Asset Management. While there he managed the New Star Financial Opportunities Fund, a high-income financials fund investing in the equity and fixed-income securities of European financials companies, which outperformed its benchmark index in all six years that Nick managed it. Previously, Nick worked at Exeter Asset Management and Capel-Cure Myers. At Exeter Asset Management, Nick managed the Exeter Capital Growth Fund from 1997 to 2003 which over this period was in the top decile of the IMA UK All Companies Sector.
George joined Polar Capital in September 2010 as an analyst on the Financials Team. He works closely with John Yakas on the Polar Capital Asian Opportunities Fund and is a co-manager on the Polar Capital Financial Opportunities Fund, with John, and the Polar Capital Global Financials Trust, with John and Nick Brind.
He has over 10 years’ experience analysing Europe, Asia and emerging markets. Prior to joining Polar Capital, he was an analyst at HIM Capital from 2008 where he completed his IMC.