Polar Capital Holdings reports rise in AuM
11th Jul 2013 10:02
Polar Capital Holdings reported a 27 per cent quarter-on-quarter increase in assets under management (AuM) to 9.2bn dollars for the three months to end of June. The company achieved $1,821m of net inflows and $177m of market movement during the quarter. The group said inflows of the previous fin
Read moreMonday broker round-up UPDATE
20th May 2013 08:32
Alent: Credit Suisse initiates with a target price of 430p and an outperform rating. Amlin: Morgan Stanley ups target price from 428p to 469p, while maintaining an overweight rating. Anite: Espirito Santo cuts target price from 180p to 165p retaining a buy recommendation. Ashtead Group: UBS takes
Read morePolar Capital on top of the world
13th Jun 2012 10:17
Specialist investment management firm Polar Capital Holdings saw net inflows of funds in every quarter in its last financial year, despite turbulent market conditions. Assets under management (AUM) at the end of March stood at $5.08bn, 31% higher than AUM of $3.87bn a year earlier, despite, as Pola
Read moreBrooks Macdonald co-founders ditch 385,000 shares
22nd Mar 2012 15:19
Three of the founders of Brooks Macdonald, an AIM-50 wealth management group, have sold a total of 385,000 shares for 1,275p, but insisted they remain 'fully committed' to the company. Chris Macdonald, the Chief Executive, reduced his stake by 150,000 shares, Richard Spencer by 130,000 and Jonatha
Read moreCut price Tesco shares flying off the shelf
20th Jan 2012 11:54
Ken Hydon, a non-executive director of Tesco, the UK's largest supermarket chain, has filled his trolley with £96,000-worth of shares, just a week after the retail giant issued a warning which said trading profit would be flat for the 2012-13 financial year. Hydon, who is chairman of the firm's au
Read moreFriday broker round-up - UPDATE
13th Jan 2012 11:19
Vodafone: Nomura upgrades to buy. Bunzl: UBS cuts to neutral from buy. RSA Insurance: Citi cuts to neutral from buy. BT Group: Nomura upgrades to buy from reduce. RBS: Seymour Price upgrades to buy from reduce. BG Group: JP Morgan raises price target to 1,900p from 1,455p. Tesco: Credit Suiss
Read moreDirectors gather Moss shares
21st Jun 2011 16:08
Directors at Moss Bros have been upping their stakes in the gentlemen's outfitter. Chairman Debbie Hewitt's husband Paul spent about £50,000, taking 167,724 shares at 29.6p a time. That means Debbie Hewitt now has an interest in 555,756 shares, or about 0.6% of the company. Finance director Robin
Read morePolar Capital AUM bounce 53%
14th Jun 2011 08:06
Specialist investment management Polar Capital said full year pre-tax profit rose threefold while assets under management at 31 March 2011 surged 53%. AUM rose to US$3.87bn for the year ended 31 March 2011 from $2.53bn the year before. Pre-tax profit rose to £9.2m from £3.1m previously. Profit b
Read moreSABMiller non-exec invests £104,000
3rd Feb 2011 16:36
John Manser, who has been a non-executive director of SABMiller for a decade has bought 5,000 shares in the brewer. Manser paid 2083.82p a share for the 5,000 shares, which cost a total of £104,000. He has taken advantage of the weakness in the share price since the beginning of 2011. Organic vo
Read moreIndus Gas chief exec raises nearly £126m
31st Jan 2011 17:04
The chief executive of one of the largest companies on AIM has raised nearly £126m from a share sale. Not much more than 10% of the companies on AIM are valued at more than the amount raised by Indus Gas chief executive Ajay Kalsi. He sold 19.35m shares at 650p each. Indus joined AIM in June 2008
Read moreSmall caps round-up: Torotrak, Omega Insurance
7th Jan 2011 13:08
Shares in gearbox designer Torotrak motored ahead after it reported that its outdoor power equipment joint venture with US group MTD has been replaced with new licensing arrangements, including an additional $1.6m (£1m) in payments to Torotrak. Omega Insurance Holdings has increased its estimate of
Read moreAuM at Polar Cap surge
10th Dec 2010 16:57
Assets under management (AuM) at fund manager Polar Capital rose by more than 20% in the six months to the end of September. AuM at the end of September stood at $3.1bn, compared with $2.5bn at the end of March and $1.9bn at the end of September 2009. The investment management firm saw particularl
Read morePolar Capital Assets Under Management At June 30 +2.5% To $2.59B
16th Jul 2010 07:17
LONDON (Dow Jones)--Polar Capital Holdings PLC (POLR.LN), the specialist asset management group, said Friday that as at June 30, assets under management has grown 2.45% since March 31, to $2.59 billion, from $2.53 billion. MAIN FACTS: -Over the past four quarters net inflows have averaged in
Read moreUK SMALLCAP ROUNDUP: Mariana Resources Raises GB6.75 Million
23rd Jun 2010 16:00
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps MARIANA RESOURCES LTD. (MARL.LN), a gold, silver and copper explorer, Wednesday said it agreed to raise GBP6.75 million in a share sale to fund drilling at i
Read moreUK SMALLCAP ROUNDUP: ILX Group Eyes Increasing Overseas Sales
23rd Jun 2010 12:30
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ILX GROUP PLC (ILX.LN) expects the proportion of its revenue coming from international operations to equal or even exceed the U.K. in the next three years, C
Read more