14th Jan 2009 07:00
Polar Capital Holdings plc (the "Company")
Polar Capital Announces the Resignation of Portfolio Manager Julian Barnett
The Company announces that last night it accepted the resignation of Julian Barnett, the portfolio manager of the Polar Capital Paragon Fund Limited (the "Paragon Fund").
Mr Barnett has for personal reasons decided to take a break from the investment industry.
Mr Barnett will continue to manage the Paragon Fund until it is wound down and funds are returned to investors (expected to be in line with the standard quarterly liquidity terms of the Fund) at which point he will leave the Company. Both Mr Barnett and the Company can confirm that the departure is amicable.
For further information, please contact:
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Polar Capital |
+44 (0)20 7227 2700 |
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Mark Kary |
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John Mansell |
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Financial Dynamics |
+44 (0)20 7269 7132 |
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Ed Gascoigne-Pees |
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Georgina Turner |
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Numis Securities |
+44 (0)20 7260 1000 |
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Lee Aston (Nominated Adviser) |
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Charles Farquhar (Corporate Broking) |
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