Friday, 1 August 2014
Last updated 16 hours ago
Jul 12 2012 | 10:22am ET
For more than a year, Polar Capital has been rebuilding its asset base. But investors still stubbornly refused to return to its hedge funds.
Until now: The London-based money manager saw its first net inflow into its hedge funds in recent memory, taking in US$8 million. That contributed to an inflow of US$374 million to all of its funds in the second quarter.
Polar's assets now stand at $5.081 billion, slightly less than it managed three months ago due to performance losses.
"We consider that the group is well-positioned to grow further over the coming months, assuming market conditions do not deteriorate further," Polar said.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…