Global Diversified Financials Undiscovered Gems With Strong Fundamentals

Mulpha International Bhd

Market Cap: RM 906.3m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Summit Securities

Market Cap: ₹23.8b

A non-banking financial company, engages in investment and financial activities.

IIFL Capital Services

Market Cap: ₹86.8b

Provides capital market services in the primary and secondary markets in India.

Pakistan Stock Exchange

Market Cap: PK₨29.6b

Provides securities market services in Pakistan.

Associated Capital Group

Market Cap: US$699.6m

Provides investment advisory services in the United States.

Baader Bank

Market Cap: €307.4m

Provides investment and banking services in Europe.

SAB Finance

Market Cap: Kč3.3b

Provides various foreign exchange service in the Czech Republic.

Demetra Holdings

Market Cap: €332.0m

A publicly owned investment manager.

Simplex Financial Holdings

Market Cap: JP¥15.6b

A hedge fund sponsor.

VIEL & Cie société anonyme

Market Cap: €1.0b

An investment company, provides interdealer broking, online trading, and private banking services in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region.

Automatic Bank Services

Market Cap: ₪932.8m

Operates payment systems for international debit cards in Israel.

More Provident Funds

Market Cap: ₪1.8b

Manages provident and pension funds in Israel.

Jiayin Group

Market Cap: US$547.3m

Engages in the provision of online consumer finance services in the People’s Republic of China.

Indexa Capital Group

Market Cap: €158.3m

Indexa Capital Group, S.A., together with its subsidiaries, holds interests in financial and insurance companies.

Fiducian Group

Market Cap: AU$419.8m

Through its subsidiaries, provides financial services in Australia.

Arif Habib

Market Cap: PK₨63.9b

Engages in the securities brokerage business in Pakistan.

Al Ramz Corporation Investment and Development P.J.S.C

Market Cap: د.إ670.9m

A financial institution, engages in the provision of asset management, corporate finance, brokerage, lending, security margins, market making, liquidity providing, public offering management, and financial research services in the United Arab Emirates.

Kuwait Financial Centre - KPSC

Market Cap: د.ك71.3m

Provides asset management and investment banking services in Kuwait and internationally.

China Vered Financial Holding

Market Cap: HK$2.2b

An investment holding company, provides asset management, consultancy, financing, and securities advisory and brokerage services.

National International Holding Company K.S.C.P

Market Cap: د.ك35.1m

Engages in the financial and real estate investing, and industrial activities.

KAMCO Investment Company K.S.C.P

Market Cap: د.ك52.7m

A publicly owned investment manager.

JM Financial

Market Cap: ₹152.7b

Provides various integrated and diversified financial services to corporations, financial institutions, government organizations, high net-worth individuals, and retail customers in India and internationally.

Algoquant Fintech

Market Cap: ₹19.0b

Engages in the trading of financial instruments in India.

Tamdeen Investment Company - KSCP

Market Cap: د.ك162.8m

A principal investment firm specializing in management of financial investment transactions related to securities, including the acquisition and sale of private sector shares and bonds.

PTC India Financial Services

Market Cap: ₹22.6b

A non-banking finance company, provides project financing services for entire energy value chain through investment and lending into such projects.

Jaykay Enterprises

Market Cap: ₹30.0b

Engages in additive manufacturing, prototyping, and 3D printing technology business in India.

Al Safat Investment Company K.S.C

Market Cap: د.ك78.4m

A Shariah-compliant privately owned investment manager.

Commercial Facilities CompanyK.P

Market Cap: د.ك118.5m

Provides installment credit facilities to finance consumer products in Kuwait.

Shenzhen Asia Link Technology DevelopmentLtd

Market Cap: CN¥2.1b

Shenzhen Asia Link Technology Development Co.,Ltd.

United Capital

Market Cap: ₦340.2b

Provides investment banking, portfolio management, securities trading, and trusteeship services in Nigeria.

Alexander Forbes Group Holdings

Market Cap: R9.6b

A financial services company, provides employee benefits, retirement and healthcare consulting, investment, and wealth management solutions to corporate clients and individuals.

Kvika banki hf

Market Cap: ISK 79.3b

Provides investment banking, asset management, payment, and banking services to businesses, investors, and individuals in Iceland and the United Kingdom.

Sygnia

Market Cap: R4.8b

A financial services group, provides investment management and administration services to institutional and retail clients primarily in South Africa.

Georgia Capital

Market Cap: UK£757.1m

A private equity and venture capital firm specializing in early stage, organic growth and acquisitions.

Banco de Valores

Market Cap: AR$306.3b

Provides various financial products and services in Argentina.

Spheria Emerging Companies

Market Cap: AU$161.6m

Operates as an investment company in Australia.