Polar Capital Holdings plc

Group Audited Results for the year ended 31 March 2020

Polar Capital is pleased to report the group’s audited results for the year ended 31 March 2020. The company has demonstrated robust operational resilience throughout the period and we have continued to pursue our strategy of growth with diversification. With our highly active specialist funds, we are well positioned to perform for our clients and shareholders over the long term.

Polar explorers walking over an ice cap
£12.2bn
AUM (31.03.20)
£14.4bn
AUM (29.05.20)
£50.8m
Pre-tax profit
£41.6m
Core operating profit*
40.7p
Adj. diluted EPS*
33.0p
Total dividend per share

† Excluding performance fees. *Refer to the stock market announcement / RNS (APM page) for reconciliation to reported results.

Polar Capital has demonstrated pleasing operational resilience throughout this crisis. The lockdown and implementation of our Business Continuity Plan proved seamless and had no negative impact on our ability to manage our funds and service clients … Following the market recovery in April and May, our AuM is at similar levels to that prior to the COVID-19 sell-off, over 70% of our AuM is ahead of benchmark this calendar year to 29 May* and we experienced positive net inflows in May.

*Past performance is not a reliable indicator of future returns

Results presentation

Watch Gavin Rochussen, Chief Executive Officer, John Mansell, Executive Director, and Samir Ayub, Finance Director, present Polar Capital Holding’s audited results for the year ended 31 March 2020.

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