Specialist active asset management group Polar Capital reports that as at 30 June, 2018 its AuM were £13.6bn compared to £12bn at the end of March 2018, an increase of 13% over the quarter.
In the quarter, AuM increased by £1.6bn of which £694m were net inflows and £927m related to market movement and fund performance.
Gavin Rochussen, Chief Executive, commented: “While we are aware that a more challenging environment for equities will arise at some point given the advanced stage of the long recovery cycle post the financial crisis, we remain confident that our active fundamental fund strategies will continue to deliver above average returns for our clients.”
