Despite the current more volatile market backdrop, net inflows over the full year were resilient, although in line with industry sentiment turning negative, the last quarter was the first quarter of net outflows since early 2020. There has been notable success in the funding of institutional segregated mandates of £745m, bringing total segregated AuM to £1.1bn, 5% of total AuM.
In times of uncertainty and volatility, communicating with our clients is especially important and something we always strive to achieve. It was pleasing therefore to see that Polar Capital ranked 6th out of 72 fund groups for ‘keeping clients informed’ and 7th for ‘client orientated thinking’ in Broadridge’s research programme of UK fund buyers. I would like to thank our clients for their ongoing support.
Polar Capital Holdings plc
Group audited results for the year ended 31 March 2022
The Group’s strong balance sheet and range of differentiated fund strategies, supported by our performance-led approach and our strong culture, positions us well to weather the current backdrop of inflationary pressures, macro uncertainty, rising interest rates and market volatility.
£22.1bn
AUM (31.03.22)
£62.1m
Pre-tax profit
£69.4m
Core operating profit†
56.0p
Adj. diluted total EPS†
32.0p
Second interim dividend per share
46.0p
FY total dividend per share
† The non-GAAP alternative performance measures shown here are described and reconciled to IFRS measures in the Alternative Performance Measures (APM) section of the RNS.
