5 lesser-known financial stocks that have given returns of over 20%

3 min read | February 03, 2022 12:36 AM AEDT | By Rishika Raina

Highlights 

  • Financial sector stocks may fall under categories like retail and commercial banking, asset management, and insurance.
  • Some financial stocks may gain from rising inflation and interest rates.

The financial sector is very diverse and comprises of various types of UK firms offering a wide range of services to individuals and businesses, such as insurance, loans, savings, money management, and payments. Thus, the financial sector stocks may fall under categories like retail and commercial banking, asset management, credit cards, accounting, insurance, and brokerage.

Even during these rough times with soaring inflation, financial stocks have been on the radar of investors lately as they are generally inflation resistant. The rising inflation leading to an increase in interest rate may actually be good for some financial stocks as it increases their profit margins.

As of September 2021, the total number of financial firms trading on the LSE stood at 721, with a market cap of approximately £902 billion.

Let’s take a look at 5 lesser-known FTSE financial stocks that have given high returns to investors in last one year.

RELATED READ: Why banking stocks are good options amid rising interest rates?

 5 financial stocks providing high returns

© 2022 Kalkine Media®

Record plc (LON: REC)

UK-based currency management company Record plc offers management consulting services with assets under management for foundations, pension funds, and other institutional clients across the globe. The market cap of the company stands at £150.49 million, and it has provided a return of 61.15% to its shareholders over the past year as of 2 February 2022. Record plc’s shares were trading at GBX 75.60 at 8:25 AM on 2 February 2022.

River and Mercantile Group PLC (LON: RIV)

Advisory and asset management business River and Mercantile Group PLC provides pension schemes, investment management, consulting services, fund management, and other similar financial services. The market cap of the company stands at £243.54 million, and it has provided a return of 27.80% to its shareholders over the past year as of 2 February 2022. River and Mercantile Group plc’s shares were trading at GBX 285.00 at 8:32 AM on 2 February 2022.

Aberdeen Standard Equity Income Trust Plc (LON:ASEI)

UK-based company Aberdeen Standard Equity Income Trust Plc offers above average income to shareholders from equity investments while providing them with real growth in terms of capital as well as income. The market cap of the company stands at £174.36 million, and it has provided a return of 21.13% to its shareholders over the past year as of 2 February 2022. Aberdeen Standard Equity Income Trust plc’s shares were trading at GBX 363.00 at 8:43 AM on 2 February 2022.

RELATED READ: 7 most bought FTSE stocks despite inflation concerns

XPS Pensions Group PLC (LON: XPS)

UK-based pensions consultancy XPS Pensions Group plc mainly focuses on investment consulting along with actuarial and administration. The market cap of the company stands at £291.32 million, and it has provided a return of 21.37% to its shareholders over the past year as of 2 February 2022. XPS Pensions Group plc’s shares were trading at GBX 142.00 at 9:34 AM on 2 February 2022.

Polar Capital Global Financials Trust Plc (LON: PCFT)

Polar Capital Global Financials Trust Plc is a portfolio that is actively managed with an aim of providing strong income and capital gains to investors. The market cap of the company stands at £521.23 million, and it has provided a return of 30.23% to its shareholders over the past year as of 2 February 2022. Polar Capital Global Financials Trust plc’s shares were trading at GBX 179.50 at 9:36 AM on 2 February 2022.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.