Polar Capital bounces back from Covid lows as assets surge to £21bn
Aim-listed fund house has doubled the size of its business over three and half years
Polar Capital has bounced back from its Covid lows with assets surging to a record £20.9bn in the last 12 months.
In an update ahead of its final results the Aim-listed manager said assets under management had jumped 10% over the quarter to 31 March and 71% from £12.2bn a year ago after the Covid crisis wiped £2bn from its total.
It has now doubled the size of its business over three and half years which chief executive Gavin Rochussen (pictured) said was “testament to our strategic focus of offering a diversified range of funds whilst maintaining a rigorous focus on performance and active management”.