Threadneedle Davis joins Polar Capital for launch
Polar Capital has hired hired Nick Davis to head the launch of a Pan European fund later this year.
Polar Capital has hired hired Nick Davis to head the launch of a Pan European fund later this year.
Polar Capital has launched a Healthcare Blue Chip fund managed by Daniel Mahony and Gareth Powell, supported by their team of three other professionals.
Polar Capital has hired Guy Rushton to head up its new UK absolute return fund initiative.
The firms Japanese funds accounted for over 50% of its net inflows, according to latest annual results.
The former Royal Airforce pilot and now head of private investment management (offshore) at Isle of Man based Thomas Miller picks six funds which are commonly found within his clients’ portfolios.
Polar Capital’s AUM increased by over a quarter in the three month period to the end of June 2013 and now stands at $9.2bn, up from $7.2bn at the end of March.
The opening paragraph in last Friday's Financial Times read: "A sell-off in equities, bonds and commodities yesterday [Thursday 20 June] fuelled fears that the world is entering a fresh phase of financial turbulence as the US Federal Reserve prepares to ease its large-scale asset purchases."
Polar Capital has made two new hires for its healthcare team as it looks to expand its range of healthcare investment products ahead of a predicted uptick in opportunities in the sector.
Polar Capital reported an increase in AUM in the four quarters to end of March 2013, resulting in a 42% increase in total over the 12 month period.
Polar Capital is considering launching a third investment trust which will focus on global financials and target commitments of around £100m.
Polar Capital's assets under management have grown in the year to the end of September to $5.3bn.
Polar Capital plans to launch a new Japanese equity fund seeded by the recently announced Battle Against Cancer Investment Trust (BACIT).