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...
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