Polar 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 moreUPDATE: Polar Capital Looking To Add New Funds In FY11
23rd Jun 2010 10:57
(Adds executive, analyst comment) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Asset management company Polar Capital Holdings PLC (POLR.LN) said Wednesday it was more confident for the fiscal 2011 after assets under management rose in the second half of the fiscal 2010,
Read moreUK SMALLCAP ROUNDUP: Polar Capital Sees Assets Rise In 2H
23rd Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps POLAR CAPITAL HOLDINGS PLC (POLR.LN), an asset manager, Wednesday posted a 74% decline in fiscal 2010 pretax profit, but recovered the loss recorded at t
Read morePolar Capital FY10 Pretax Profit -74%; Assets Rise In 2H
23rd Jun 2010 07:29
LONDON (Dow Jones)--Asset management company Polar Capital Holdings PLC (POLR.LN) Wednesday posted a 74% decline in fiscal 2010 pretax profit, but recovered the loss recorded at the half-year point due to a significant recovery in assets under management during the second half. Polar said it was
Read morePolar Capital Raises GBP89M For Healthcare Investment Trust
14th Jun 2010 16:26
LONDON (Dow Jones)--Asset manager Polar Capital Holdings PLC (POLR.LN) Monday said it has raised GBP89 million for Polar Capital Global Healthcare Growth & Income Trust PLC, a newly-formed investment trust focused on global healthcare stocks. The company in April had said it aimed to raise aroun
Read morePolar healthcare trust raises £89m
14th Jun 2010 15:53
Fund manager Polar Capital has raised £89m for the Polar Capital Global Healthcare Growth and Income Trust. The target figure for the placing and offer for subscription was £100m at 100p a share so the cash raised has not fallen far short of that figure. The new healthcare trust will have £87.22
Read morePolar to list £100m healthcare fund
19th Apr 2010 10:22
Fund manager Polar Capital plans to launch a £100m healthcare fund and list it on the London Stock Exchange. The group said the Polar Capital Global Healthcare Growth and Income Trust (PCGH) is expected to start trading on the London market by the end of June 2010. "We believe that the healthcare
Read morePolar starting to warm up
11th Dec 2009 07:54
Fund manager Polar Capital slipped into the red at the interim stage but is seeing assets under management recovering quickly, which should feed through to the bottom line in the second half of the year. Having seen assets under management halve in the previous financial year, the company confirmed
Read moreMark Kary leaves Polar Capital
3rd Nov 2009 14:10
Polar Capital announced that chief executive Mark Kary will step down as chief executive of the asset manager with immediate effect to pursue alternative career interests. Tim Woolley, currently executive director, and one of the two original founders of the business will take over as chief executi
Read moreSmall caps round-up: O Twelve, Nipson Digital, OMG...
15th Oct 2009 10:02
News that O Twelve Estates has restructured its £170m debt sent the property group to its highest in a year Thursday. It said the revised loan terms are "substantially the same" as those reported back in July, and leave the group with cash balances of £1.5m. "There are signs that the unprecedented
Read moreAssets under management halve at Polar
24th Jun 2009 08:00
Assets under management at Polar Capital halved in the year to end-March, but picked up by 4.1% in the following two months. The investment management firm’s assets under management (AUM) stood at $1.48bn at the end of March 2009, down 52% from the $3.1bn under management at the end of March 2008.
Read morePolar Capital assets plunge 22%
16th Jan 2009 09:30
Assets under management tumbled 22% to $2.45bn at Polar Capital in the nine months to December, with redemptions set to hit $500m in the group’s final quarter. The firm also warned that the resignation of star fund manager Julian Barnett, announced Wednesday, will mean a further $400m of outflows
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