Thursday, 24 July 2014
Last updated 53 min ago
Oct 11 2012 | 12:09pm ET
Polar Capital has watched its assets under management rise more-or-less steadily over the past year. But for the first time in that period, inflows to its hedge funds are contributing meaningfully to the growth.
The London-based firm saw hedge fund inflows for the second-straight quarter, helping its assets under management grow by 4.3% to US$5.3 billion. Inflows into both hedge and long-only funds were US$31 million in the third quarter.
"Positive net inflows into the group's hedge fund products, which started in the previous quarter, continued to gain momentum in this quarter," Polar said. "Importantly, these flow patterns further enhance the continued diversification of the group's offerings, as well as reducing the firm's legacy concentration risk."
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…