14 Jan 2011
Polar Capital Holdings, the specialist asset management group, has provided its regular quarterly update of its unaudited statement of its Assets under Management.
Polar Capital has reported an increase of 40% in its AUM to over $3.5bn in the nine month period to December 2010. The group remains confident that its strategy of growing its established funds to capacity and expanding its product range through both hiring and acquiring new teams will continue to drive future AUM growth.
Polar has also confirmed an increase in net performance fee receipts over the period. Such fees total £5.6m (2009: £2.3m) as a result of the continued good performance of a number of the group’s products.
Polar Capital has reported an increase of 40% in its AUM to over $3.5bn in the nine month period to December 2010. The group remains confident that its strategy of growing its established funds to capacity and expanding its product range through both hiring and acquiring new teams will continue to drive future AUM growth.
Polar has also confirmed an increase in net performance fee receipts over the period. Such fees total £5.6m (2009: £2.3m) as a result of the continued good performance of a number of the group’s products.
