Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Polar Capital sees AUM surge by 80%

by James Phillipps on Jan 16, 2014 at 08:43

Polar Capital sees AUM surge by 80%

Polar Capital saw its assets under management (AUM) rise by 80% over the last nine months of the year.

The fund group’s AUM surged to $13 billion (£7.9 billion) at the end of December, up from $7.2 billion at the end of March and a 14% rise on the $11.4 billion reported at September 30.

The bulk of the inflows went into Polar’s long only funds, which saw $4.2 billion of net subscriptions over the last nine months of the year with market movements and performance adding a further $1.8 billion.

The group received £7.5 million in performance fees over that period, up from £5.1 million in the last nine months of 2012.

In a stock market announcement, Polar said: ‘As we cautioned at the interim results, our net inflows for our third quarter  [Q4 2013], at just under $1 billion, were below the levels seen in the previous two quarters, although it was pleasing to see inflows continue across a wide range of strategies.’

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Sponsored Video: Barings on investing in Frontier Markets

From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.

More about this:

Look up the shares

  • Polar Capital Holdings PLC (POLR.L)
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them


On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet