Tuesday, 4 August 2015
Last updated 18 hours ago
Jul 19 2010 | 7:31pm ET
Polar Capital continued to rebuild its asset base as it builds up its investment team.
The London-based hedge fund said inflows pushed assets up 2.5% in the second quarter to US$2.6 billion. The US$319 million net inflow offset the US$257 million in performance losses suffered during the three-month period.
In particular, the firm was buoyed by the launch of a new listed healthcare fund.
Polar managed almost US$4 billion before the credit crisis.
Polar has also recently hired AXA Framlington’s William Calvert and two of his analysts. Calvert was head of emerging markets at AXA.
May 27 2015 | 2:15pm ET
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