Global Diversified Financials Potentially Undervalued Companies

HUAXI Securities

Market Cap: CN¥22.1b

Provides financial services in China.

Federal National Mortgage Association

Market Cap: US$38.3b

Provides financing solutions for residential mortgages in the United States.

TPG RE Finance Trust

Market Cap: US$623.7m

A commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States.

Eleving Group

Market Cap: €197.9m

Provides vehicle and consumer finance services in Europe, Africa, and internationally.

Berkshire Hathaway

Market Cap: €1.1t

Through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide.

Bexil

Market Cap: US$25.8m

Through its subsidiaries, engages in the investment management in the United States.

UWM Holdings

Market Cap: US$6.6b

Engages in the origination, sale, and servicing residential mortgage lending in the United States.

Navstone

Market Cap: €6.0m

A real estate investment firm.

Morgan Stanley

Market Cap: €210.2b

A financial holding company, provides various financial products and services to governments, financial institutions, and individuals in the Americas, Asia, Europe, Middle East, and Africa.

Egypt Kuwait Holding Company (S.A.E.)

Market Cap: US$782.2m

An investment holding company specializes in private equity and secondary investing.

Euroz Hartleys Group

Market Cap: €132.4m

A diversified financial services company, provides stockbroking, corporate finance, funds management, investment advice, financial advisory, and wealth management services to private, institutional, and corporate clients in Australia.

Asia Plus Group Holdings

Market Cap: €4.2b

Engages in the securities business in Thailand.

Time Finance

Market Cap: UK£54.3m

Provides financial products and services to consumers and businesses in the United Kingdom.

B3 - Brasil Bolsa Balcão

Market Cap: €76.4b

A financial market infrastructure company, provides trading services in an exchange and OTC environment.

Coincheck Group

Market Cap: US$778.2m

Operates cryptocurrency exchanges in Japan.

EFG Holding CompanyE

Market Cap: US$39.7b

A financial services company, provides investment banking products and services in Egypt, rest of GCC countries, and internationally.

Investor

Market Cap: €902.0b

A private equity firm specializing in mature, middle market, buyouts and growth capital investments.

Jupiter Fund Management

Market Cap: UK£401.2m

A publicly owned investment manager.

Duke Capital

Market Cap: UK£143.1m

A private equity firm specializing in Management Buyouts, buy-and-build strategies, mid-market, minority buyouts, restructuring investments & royalty financing in small and medium size businesses.

Mitsubishi HC Capital

Market Cap: US$1.4t

Engages in the lease, installment sale, and other financing activities in Japan, Europe, the Americas, China, and ASEAN region.

BH Bank Société anonyme

Market Cap: د.ت475.5m

A financial institution, provides various products and services to public customers in Tunisia.

B.P. Marsh & Partners

Market Cap: UK£244.7m

Invests in early-stage financial services intermediary businesses in the United Kingdom and internationally.

Guotai Haitong Securities

Market Cap: €287.8b

Provides various financial services for individuals and institutional clients in Mainland China, Hong Kong, and internationally.

Carlyle Group

Market Cap: US$17.0b

An investment firm specializing in direct and fund of fund investments.

TPG

Market Cap: US$19.6b

Operates as an alternative asset manager in the United States and internationally.

Canaccord Genuity Group

Market Cap: US$889.7m

Operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia.

ABG Sundal Collier Holding

Market Cap: NOK 3.3b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

Huatai Securities

Market Cap: €144.2b

Provides securities and financial services for individual, enterprise, and institutional clients in Mainland China and internationally.

Strategic Investments

Market Cap: DKK 286.6m

A is a publicly owned investment manager.

BlackRock

Market Cap: €149.8b

A privately owned investment manager.

CVC Capital Partners

Market Cap: €17.1b

A private equity and venture capital firm specializing in middle market secondaries, infrastructure and credit, management buyouts, leveraged buyouts, growth equity, mature, recapitalizations, strip sales, and spinouts.

Canaccord Genuity Group

Market Cap: €889.7m

Operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia.

RedFish LongTerm Capital

Market Cap: €31.0m

RedFish LongTerm Capital S.p.A. is industrial holding company and private equity firm specializing in growth and M&A investments.

Anima Holding

Market Cap: €2.0b

Anima Holding S.p.A. is a publicly owned investment manager.

Compagnie Lebon

Market Cap: €103.5m

Engages in the hotel, private equity, real estate, and thermal bath businesses in France.

Banca Mediolanum

Market Cap: €10.8b

Provides various banking products and services in Italy.