John Yakas explains in this five minute podcast that while banks have not been immune to the relentless selling pressure over the last month, this time around they are not at the core of the crisis. Instead they are increasingly viewed as part of the solution.
John joined Polar Capital in September 2010 and is fund manager of the Polar Capital Asian Opportunities Fund, Polar Capital Financial Opportunities Fund and co-manager of the Polar Capital Global Financials Trust Plc.
Previously, John worked for HSBC as a banker based in Hong Kong and was the head of Asian research at Fox-Pitt, Kelton. In 2003 he joined Hiscox Investment Management which later became HIM Capital. John has won Lipper awards in the equity sector banks and other financials sector in 2010, 2011, 2012 and 2013 for the performance of the Polar Capital Asian Opportunities Fund.