Polar Capital AUM up despite fund closures
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.
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.
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.
Polar Capital has announced it will cover the cost of research for some of its core funds amid changes to its “strategic focus”.
Polar Capital has announced a second fund closure in two days, with the Global Alpha Fund next for the chopping block.
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.
Additional flows over the second half of the year have helped hoist Polar Capital’s assets under management (AUM) above the £10bn mark.
Polar Capital has revealed plans to launch an automation and artificial intelligence fund, the 25th product from the investment manager.
Gavin Rochussen has today taken up his role as chief executive of Polar Capital.
Polar Capital’s dynamic duo talk to Portfolio Adviser about the ongoing hunt for value, and taking turns on the ‘grunt work’.
Polar Capital continued to feel the sting of outflows from four of its major strategies, resulting in its third consecutive year of net negative flows.
Last week’s general election result will have plenty of consequences for investors despite fund managers’ claims it has not affected their allocation, Polar Capital’s George Godber has said.
Polar Capital has said it is approaching the coming year “with confidence” after reporting a £2bn increase in assets under management.