Polar Up To US$5 Billion In Assets After Q1 Inflow

Apr 16 2012 | 12:47pm ET

Polar Capital continues to bring in money hand over fist.

The London-based money manager added another US$200 million to its assets under management in the first quarter and now manages almost three times as much as it did in 2010.

The three-month gain means Polar has taken in more than US$1 billion in inflows over the past 12 months. All told, it manages some US$900 million more than at the end of last year, thanks to performance gains.

Unfortunately for the firm, its hedge funds have not kept pace with its mutual funds; quite the opposite. Polar's hedge funds have continued to see outflows even as its overall asset base soars.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of