Ex-Threadneedle man Davis joins Polar for European income launch

Polar Capital has hired Nick Davis from Threadneedle to launch a new European equity income franchise later this year.

The group plans to launch a Pan European Income fund in the fourth quarter to compliment its range of existing product offerings. Davis joins the group from Threadneedle, where he managed the £603m Threadneedle European fund and the £91m Threadneedle Pan European Equity Dividend fund until his departure this July. He was also previously deputy fund manager of the £2.2bn Threadneedle European Select fund. The group has been on the lookout for another manager or team to add to its existing range in an effort to grow the total number of its investment teams. Tim Woolley (pictured),...