Polar Capital Holdings plc

Group Audited Results for the Twelve Months Ended 31 March 2023

Watch Gavin Rochussen, Chief Executive Officer, Samir Ayub, Group Finance Director, Sandy Black, Chief Investment Officer, and Iain Evans, Global Head of Distribution, present Polar Capital Holding’s full year results for the year ended 31 March 2023.

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

£19.2bn
AUM (31.03.23)
£19.9bn
AUM (16.06.23)
£45.2m
Pre-tax profit1
£47.9m
Core operating profit1
44.3p
Adjusted diluted total EPS2
32.0p
Second interim dividend per share
46.0p
FY total dividend
per share

1. Refer to RNS (Financial Review and APM page) for reconciliation to reported results. 2. Adjusted for IFRS costs of preference shares included in share-based payments, deferred remuneration costs and exceptional items.

Strategic progress has continued under the ‘growth with diversification’ mantra with much progress diversifying our distribution footprint into new regions. The Nordic region has become a significant market where our funds find favour and we have opened an office in Singapore to service a growing Asian client base.

We have continued to develop our US footprint with experienced business development capability covering the major regions within the US. This has resulted in promising net inflows into the US 40 Act Fund and increased interest in our Emerging Markets Stars fund strategies.

The Group’s strong balance sheet and range of differentiated fund strategies positions us well for the future, supported by our performance-led approach and our strong culture.