25th Apr 2008 07:00
Polar Capital Holdings PLC25 April 2008 25 April 2008 Polar Capital Holdings plc AUM Update Polar Capital Holdings plc ("Polar Capital" or the "Group"), the specialistasset management group, today provides its regular quarterly up date of itsun-audited statement of its Assets under Management ("AUM"). Group AUM as at 31 March 2008 are down 7.7% since 31 March 2007 to US$3.1billion and have fallen 13.1% since 31 December 2007 (US$3.6 billion). The tables below set out the Group's AUM as at 31 March 2008 and the movementsexperienced in the periods since 31 March 2007 and 31 December 2007. AUM movement Long Hedge Managed & Advisory Total12 months to 31 March 2008 $m $m $m $m As at 31 March 2007 1,563 1,553 291 3,407Transferred (95) 95 - -Performance and currency movements (214) 89 (16) (141)Net subscriptions / redemptions / fund closures (328) 269 (63) (122)Total AUM at 31 March 2008 $926m $2,006m $212m $3,144m AUM movement Long Hedge Managed & Advisory Total3 months to 31 March 2008 $m $m $m $m As at 31 December 2007 1,238 2,116 265 3,619Performance and currency movements (194) (27) (24) (245)Net subscriptions / redemptions / fund closures (118) (83) (29) (230)Total AUM at 31 March 2008 $926m $2,006m $212m $3,144m For further information please contact: +44 (0)20 7227 2700Polar Capital Mark KaryJohn Mansell LandsbankiSimon Bridges +44 (0)20 7426 9569Claes Spang +44 (0)20 7426 7706 Financial DynamicsEd Gascoigne-Pees +44 (0)20 7269 7132Felicity Murdoch +44 (0)20 7269 7243 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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