Polar Capital Japan manager heads to Paris office
Gerard Cawley is the only fund manager based in the European outpost
Gerard Cawley is the only fund manager based in the European outpost
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Aim-listed manager will issue up to four million new ordinary shares
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Fixed income remains fund house’s Achilles’ heel as smaller rivals enjoy asset growth
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Rising markets accounted for more than half of the growth in total assets at boutique managers Polar Capital and Liontrust over the last quarter.
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Polar Capital has confirmed a raft of changes to the business, including the opening of a Paris location, as it looks to expand its European presence in light of Brexit uncertainties.
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Polar Capital has poached four members of Nordea Asset Management’s emerging markets equities team, including group head Jorry Rask Nøddekær, to launch its debut fund.
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Polar Capital and Man Group have posted positive net flows and boosted assets under management during a volatile first quarter.
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Polar Capital has reported net inflows of £597m in the fourth quarter, boosting assets under management (AUM) to £11.7bn from £9.3bn at the end of March.
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The soaring value of technology stocks is simply “normal fare” rather than a bubble, according to the team behind Polar Capital’s leading tech trust.
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Polar Capital has announced it will cover the cost of research for some of its core funds amid changes to its “strategic focus”.
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Polar Capital has announced a second fund closure in two days, with the Global Alpha Fund next for the chopping block.
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Polar Capital is to shut up shop on its $72.1m Emerging Markets Growth Fund and has suspended all dealing within the strategy with immediate effect.
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