Financials stocks are still undervalued compared to other sectors and their historical averages. Although earlier gains in 2026 have been lost, Polar Capital Global Financials Trust (PCFT) has outperformed this year in NAV terms, thanks to strong stock selection by its managers. Some PCFT holdings are already showing strong potential to cut costs and boost profits using AI. This adds to the sector’s appeal, as trading conditions normalise and regulations ease. Despite this, many investors sti ....