Polar Capital reported a 9% increase in its assets under management during the second quarter of this year.
At 30 June its AUM was £22.8bn, up from £20.9bn at the end of March, due to net inflows of £533m and £1.4bn related to market movement and fund performance.
Last week, the firm reported a 71% jump in AUM during the year ended 31 March in its annual results.
Polar Capital chief executive Gavin Rochussen (pictured) said: “It is pleasing to report £533m of net inflows in the quarter across our range of fund strategies including the funding of a further three segregated mandates.
“A combination of net inflows, market uplift and outperformance enabled our AUM to increase by £1.9bn in the quarter from £20.9bn to £22.8bn, a 9% increase.
“We remain confident that with our diverse range of active specialist fund strategies we are well positioned to perform for our clients and shareholders over the long term.”
