Polar Capital AUM swells
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 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.
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Polar Capital is considering launching a third investment trust which will focus on global financials and target commitments of around £100m.
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Polar Capital's assets under management have grown in the year to the end of September to $5.3bn.
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Polar Capital plans to launch a new Japanese equity fund seeded by the recently announced Battle Against Cancer Investment Trust (BACIT).
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Polar Capital saw its assets under management increase by more than a third year-on-year to the end of September.
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Polar Capital has reunited Andrew holliman with two former Baillie Gifford colleagues as the firm readies a global equity fund launch.
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Polar Capital’s hedge fund range saw assets under management fall by nearly $100m compared to a rise of close to $900m.
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Polar Capital’s interim results show an uplift in profits as well as assets under management.
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Andrew Holliman is to run Polar Capital’s first long-only US equity fund, three months after joining the firm from Threadneedle.
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