about 2 years ago • 12 mins
The financial services sector is widely considered to be the lifeblood of the economy – and it’s therefore uniquely important. When financial firms are healthy, they provide people and businesses with the widespread access to borrowing that’s essential for economic growth. But when the sector grows sick – as during the 2007-08 financial crisis, for example – it can drag down everything and everyone else. What’s more, financial stocks account for more than 10% of the value of the MSCI World market index, meaning they’re likely to form a considerable portion of even the most passive portfolio. In this Pack, though, we won’t just demystify the financial services sector in general – we’ll also show you what to look for when invest
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