Polar Capital Holdings plc

Group Audited Results for the 12 months ended 31 March 2021

Polar Capital’s growth with diversification objective has accelerated over the last year and we believe our strategy is delivering strong results, evidenced by our financial performance in the 12 months ended 31 March 2021. The increased number of funds, greater capacity and broader fund structures, position the company competitively for continued growth.

We have also recently announced the addition of a new sustainable thematic team who will be joining in September. This is a well-known, highly regarded team with a very strong performance record in an area with relatively few competitors. Demand for their products has been strong and we look forward to launching Polar Capital’s first Article 9 funds as we enhance our ESG capabilities.

Polar explorers walking over an ice cap
£20.9bn
AUM (31.03.21)
£22.7bn
AUM (25.06.21)
£75.9m
Pre-tax profit
£51.5m
Core operating profit*
62.2p
Adj. diluted EPS*
40.0p
Total dividend per share

† Before adjustments and exceptional items. *The non-GAAP alternative performance measures shown here are described and reconciled to IFRS measures on the Alternative Performance Measures (APM) page of the RNS.

The past year has been a challenging period for all, and I am exceptionally proud of what Polar Capital has achieved.

Driven by the ongoing support of our clients and the hard work and resilience of my colleagues, AuM saw the highest single year of growth, rising by 71% to £20.9bn, boosted by inflows of £2.1bn and acquisitions of £1.7bn.

Results presentation

Watch Gavin Rochussen, Chief Executive Officer, John Mansell, Executive Director, Samir Ayub, Finance Director, Sandy Black, Chief Investment Officer and Iain Evans, Global Head of Distribution, present Polar Capital Holding’s results for the twelve months ended 31 March 2021.

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