Polar Capital profits up 52% in 'year of two halves'
AUM settles at £13.8bn from September's £14.7bn peak
Polar Capital CEO Gavin Rochussen
Polar Capital boosted its core operating profits by 52% to £42.2m in a 2019 financial year which saw total assets under management grow by 15% despite being hit by market volatility in the fourth quarter of the year.
The firm's AUM was £13.8bn as of 31 March, up from £12bn at the same time last year, after peaking at £14.7bn in September 2018 with the firm benefiting from strong performance and investor flows before...
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