Polar Capital Holdings PLC - investment management company - Assets under management at December 31, end of third quarter, improves 15% quarter-on-quarter to GBP18.99 billion, which is also a 55% improvement from GBP12.16 billion on April 1. Notes nine-month improvement was helped by GBP5.24 billion tailwind from market movements. "We are pleased to report another quarter of net inflows. Net inflows from 18 of our funds amounted to GBP556 million in the quarter which brings total net inflows, from continuing funds, in the nine months of the current financial year to GBP1.4 billion," Chief Executive Gavin Rochussen said.
Current stock price: 696.00 pence
Year-to-date change: flat
By Eric Cunha; ericcunha@alliancenews.com
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Polar Capital (POLR)