Financials experts to launch new trust
Polar Capital is considering launching a third investment trust which will focus on global financials and target commitments of around £100m.
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).
Polar Capital saw its assets under management increase by more than a third year-on-year to the end of September.
Polar Capital has reunited Andrew holliman with two former Baillie Gifford colleagues as the firm readies a global equity fund launch.
Polar Capital’s hedge fund range saw assets under management fall by nearly $100m compared to a rise of close to $900m.
Polar Capital’s interim results show an uplift in profits as well as assets under management.
Andrew Holliman is to run Polar Capital’s first long-only US equity fund, three months after joining the firm from Threadneedle.