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Polar Capital AuM rise 29% in year to March
Polar Capital on Thursday reported assets under management at the end of March of £11.98bn, a rise of 29%.
For the quarter, Polar said net inflows were £525.0m. Annual net inflows were £1.90bn.
Polar said the the quarter had brought "significantly increased market volatility due to US inflationary concerns, the anticipation of the end of a prolonged recovery bull market cycle and increasing geopolitical tension which have made the short-term market outlook less certain".
"Notwithstanding the above Polar is well placed to take advantage of market volatility given the breadth and compelling long-term performance of the firm's actively managed specialist investment strategies."