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Polar Capital AUM increases to £10.6bn

By BFN News | 08:20 AM | Thursday 12 October, 2017


Asset management group Polar Capital grew its assets under management (AUM) to £10.6bn at 30 September from £9.3bn at the end of March. Net performance fees were £9.6m in the six months to 30 September compared with £2.8m a year earlier. Net inflows of £350m were received in the second quarter, following £450m of net inflows in the first quarter. The flows were seen across a number of strategies including two UK strategies, Technology, Healthcare, Insurance, Income Opportunities and European Income. At 8:20am: (LON:POLR) Polar Capital Holdings PLC share price was +1.63p at 491.13p Story provided by StockMarketWire.com

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