Asset Management & Custody Banks
Financials Sector Ranks #1 In GS Scores
Impressive strength across the factor spectrum implies that the recent pop in the long-time beaten-down Financials sector should have more room to run. We highlight five attractively-rated Financials groups for investment ideas beyond the popular big-bank-concentrated Financial sector ETFs.
Highlighted Attractive Groups
Asset Management & Custody Banks, General Merchandise Stores, and Hotels & Leisure are among the month’s intriguing opportunities based on the current GS Scores.
The Investment Merits Of Asset Management Companies
Industry trends and the investment merits of companies involved in the asset management business; we contrast ETF providers with firms involved in traditional active management.
Financials With Post-Election Appeal
Forces specifically driving many Financials groups include expectations for an ongoing yield rally and a steepening yield curve, tax cuts, and loosening financial regulation. While these outcomes remain largely speculation, the odds have improved and any of these developments would be a welcome change.
Highlighted Attractive Groups
Airlines, Asset Management & Custody Banks, and Automotive Retail all have attractive Valuations and strong VLT Momentum.
Asset Management & Custody Banks: New Purchase
The last time this group held an Attractive rating for an extended period of time was 2000. Based on the group’s extended underperformance, induced by repercussions of the global financial crisis, we think it may finally be poised for a turnaround.
GS Score Sector Rankings, and Highlighted Attractive Groups
Health Care, Info Tech, and Consumer Discretionary are the top three rated broad sectors.
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