The tragic loss of Apple's visionary co-founder Steve Jobs last night prompted a drop in the group's share price as US markets opened, followed by a swift move back into positive territory.
Fund managers have backed technology poster child Apple to continue to shine despite the departure of charismatic CEO Steve Jobs.
Polar Capital is to launch a North American equity fund for ex-Threadneedle duo Andrew Holliman and Richard Wilson, mirroring the successful offering they managed at their former employer.
Boutique asset manager Polar Capital is preparing to soft-close three of its most high profile funds, including the £446m Global Technology fund.
The £509m Polar Capital Technology trust has managed to generate its first performance fee for the first time since the tech bubble more than a decade ago.
Polar Capital's £357m Technology Trust's net asset value jumped 17% over the past year, prompting the trust to rake in its first performance fee for ten years.