Polar Capital's Rochussen on EM flows, ESG and Paris

Full-year results

Polar Capital chief executive Gavin Rochussen has said the firm's soon-to-be-launched emerging market range could grow to as large as $10bn, as the firm marks a move towards more ESG-focused strategies.

In its full-year results, the firm announced it would be launching four emerging markets funds for the five-strong team hired earlier this year from Nordea and Laxey Partners.  These will be the EM Stars fund, launching on 2 July, followed by Asia Stars, China Stars and the Cayman-domiciled long-short China Mercury fund. Rochussen, who will celebrate a year as chief executive in July, said the funds had the potential to grow in excess of $5bn.  He said: "The funds have a large capacity, so they will be able to manage a lot of assets. It is a growing market and a liquid one so we th...