Polar Capital Holdings (GB:POLR) has released an update.
Polar Capital Holdings has reported a 7% increase in Assets under Management (AuM) to £23.5bn for the quarter ending 30 June 2024, bolstered by net inflows of £644m and positive market movement and fund performance contributing £978m. The firm highlighted strong demand for its funds, particularly in emerging markets, Asian equities, and the US, where its Emerging Markets Stars fund received a Morningstar upgrade. Despite the uncertainty due to geopolitical and market risks, Polar Capital remains optimistic about its capacity for future growth and performance.
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