Polar CapitalApr 13 2017

Polar's funds see large growth

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Polar's funds see large growth

Boutique fund manager Polar Capital has seen assets under management rise from £7.3bn to £9.3bn over one year to the end of March 2017.

The manager's largest funds for UK investors include its North America Fund, a Healthcare Opportunities Fund and its Global Technology fund.

The London based Polar saw flows of over £300m in the final quarter of 2016 and in excess of £200m in the first quarter of 2017.

The performance of its Lipper rated UCITS funds as at 31 March 2017 shows that twelve out of eighteen funds are top quartile since launch and more recently, eleven are top quartile over one year.

A statement put out by the executive team at Polar Capital, said: "Against this backdrop we commence our new financial year with our business more balanced than in recent years and are hopeful that the year ahead will deliver net inflows notwithstanding a significant correction in global equity markets."