Polar Capital saw assets under management (AUM) increase by 27% to £9.3bn in the year to 31 March 2017 driven by weaker sterling and market movements, but profits were hit by a reduction in performance fees.
AUM increased from £7.3bn to £9.3bn in sterling terms over the year, but the group continued to record outflows, albeit at a slower pace, while profits were also lower. The firm said eight out of 12...
The US dollar is close to peaking and the risks now seem to be on the downside.
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