Polar Boosts Assets, Staff

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.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR