Polar Capital Holdings plc

Group unaudited interim results for the six months ended 30 September 2024

Watch Gavin Rochussen, Chief Executive Officer, and Samir Ayub, Chief Financial Officer, present Polar Capital Holdings plc interim results for the six months ended 30 September 2024.

In the presentation they highlight fund performance and flows, provide a financial review and give a strategy update.

£22.7bn
AUM (30.09.24)
£23.9bn
AUM (08.11.24)
£23.1m
Pre-tax profit
£27.3m
Core operating profit†
24.5p
Adjusted diluted total EPS†
14.0p
Interim 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.

It has been a positive start to the new financial year with net inflows over six months reaching £472m and market movement and fund performance contributing a further £323m to asset growth. This has seen our AuM rise 4% to £22.7bn at the end of the reporting period, and more recently, AuM has increased further to £23.9bn as at 8 November 2024.

Notable successes have been the Emerging Markets & Asia strategies which saw net inflows of £929m over the period following strong investor demand.