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IN BRIEF: Polar Capital ups payout as annual profit and assets grow

1st Jul 2021 14:38

Polar Capital Holdings PLC - investment manager - Assets under management at March 31 year end up 71% to GBP20.9 billion from GBP12.2 billion. Pretax profit jumps 49% to GBP75.9 million from GBP50.8 million. Net income up 37% to GBP194.4 million from GBP141.4 million. Annual payout amounts to 40 pence per share, up 21% from 33p.

Current stock price: 843.93p

Year-to-date change: up 21%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Polar Capital
FTSE 100 Latest
Value8,809.74
Change53.53