Polar Hedge Funds Taste Inflows

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.


In Depth

AIMA: Smaller Firms Remain the Lifeblood of the Hedge Fund Industry

Jul 26 2017 | 5:55pm ET

It is a hedge fund industry truism that the largest managers receive the most attention...

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

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of