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

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...