As the most sensitive sector to the reflationary trade, financials stand to be a primary beneficiary of an upward shift in inflation and interest rate expectations, explains George Barrow, co-manager of the Polar Capital Global Financials Trust plc.
Following strong demand in the financials sector, evidenced by PCFT shares trading at a premium to net asset value and shares being issued from treasury to meet demand, the PCFT Board has announced an offer period to issue C shares to satisfy further demand from investors.
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