People Moves Performance

Polar recovery gains pace with asset bounce and new team hires

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AIM-listed Polar Capital has given further evidence of its recovery from the industry problems of 2008 and 2009 with the announcement of its results for the six months ended 30 September this year.

The firm reported growth in assets under management of more than 20% over the six month period to $3.1 billion – up from $2.5 billion at the end of March – and said assets had risen by a further 6% since the end of the reporting period to $3.3 billion at the end of November.

The assets bounce marks an impressive recovery from their level of just