Polar Capital has reported a 1% rise in AUM over the six months to end-September as outflows from its Japanese equity fund held back asset growth.
UK investors back challenger banks
Polar Capital has hired Nick Davis from Threadneedle to launch a new European equity income franchise later this year.
'The biggest issue facing markets is Ukraine'
Polar Capital has launched a Healthcare Blue Chip fund as it expands the range run by Daniel Mahony and Gareth Powell's specialist team.
Polar Capital has hired L&G's Guy Rushton to head a new UK absolute returns team, with a first fund launch slated for Q3.
UK equities manager Philip Hardy has left FOUR Capital Partners after less than a year.
Polar Capital is looking to expand its number of investment teams, adding it has been encouraged by "unsolicited approaches", after nearly doubling assets under management in its last financial year.
Technology fund managers have been rotating from smaller companies into mega caps following the sell-off seen across the sector over recent weeks.
Polar Capital's chief executive Tim Woolley has sold 500,000 shares in the company for almost £2.4m.