Brief: Polar Capital posts net inflows between Apr 1-Jun 14
27/06/2024 07:05
June 27 (Reuters) - Polar Capital Holdings PLC POLR.L :
* ASSETS UNDER MANAGEMENT (AUM) AT 31 MARCH 2024 UP 14% TO
£21.9BN
(2023: £19.2BN)
* AVERAGE AUM FOR YEAR REMAINS FLAT AT £19.6BN (2023:
£19.6BN)
* AUM HAS RISEN FURTHER TO £22.8 BN AT 14 JUNE 2024 WITH NET
INFLOWS OF £197M IN PERIOD 1 APRIL TO 14 JUNE 2024
* PROFIT BEFORE TAX UP 21% TO £54.7M (2023: £45.2M)
* POSITIVE NET INFLOWS OF £56M AS PREVIOUSLY REPORTED IN
MARCH
2024 QUARTER HAVE CONTINUED IN CURRENT QUARTER WITH NET INFLOWS
OF £197M IN PERIOD 1 APRIL TO 14 JUNE 2024
Source text for Eikon: ID:nRSa0508Ua
Further company coverage: POLR.L
(Reporting By Sinead Cruise)
((sinead.cruise@thomsonreuters.com;))