Polar Capital is planning to launch a UCITS global convertibles fund with a long bias run by its experienced global convertibles team.
Polar Capital has completed the initial public offering for its Global Financials investment trust, raising £153m in the process.
Polar Capital has hired Deane Donnigan and David Pinniger to work within its healthcare team in an effort to increase the range of the group's products in this area.
Specialist fund manager Polar Capital has seen assets under management surge in the last 12 months, rising by over 40% as inflows into Japan and climbing equity markets provide a boost.
Polar Capital is set to launch a Global Financials Investment trust for managers John Yakas and Nick Brind, in a move to exploit lowly valuations of banks across the world, Investment Week understands.