Polar Capital sets out EM fund suite plans as it hires five-strong team

Plans for multiple funds

Polar Capital has expanded its firm with the hire of a five-strong emerging markets team, four of whom join from Nordea Asset Management in Denmark.

Jorry Rask Nøddekær previously ran nine funds at Nordea with over $6bn in assets under management. At Polar he will work as head of emerging markets and Asia and lead fund manager on a fund due to be launched in the third quarter of 2018.  Polar said the fund would be the first in a suite of emerging markets products for the firm. Chief executive Gavin Rochussen has previously spoken about his desire for an emerging markets team, having closed an Emerging Markets Growth fund last year.  Also joining the firm are Michael Wang as global emerging markets fund manager, Jerry Wu as f...