Business
Trading Statement
Trading Statement.
About this update from Polar Capital Holdings Plc
[{"type":"text","content":"\n Polar Capital Holdings PLC\n25 April 2008\n\n25 April 2008\n\n\n\n Polar Capital Holdings plc\n\n AUM Update\n\n\n\nPolar Capital Holdings plc ('Polar Capital' or the 'Group'), the specialist\nasset management group, today provides its regular quarterly up date of its\nun-audited statement of its Assets under Management ('AUM').\n\n\nGroup AUM as at 31 March 2008 are down 7.7% since 31 March 2007 to US$3.1\nbillion and have fallen 13.1% since 31 December 2007 (US$3.6 billion).\n\n\nThe tables below set out the Group's AUM as at 31 March 2008 and the movements\nexperienced in the periods since 31 March 2007 and 31 December 2007.\n\nAUM movement Long Hedge Managed & Advisory Total\n12 months to 31 March 2008 $m $m $m $m\n\nAs at 31 March 2007 1,563 1,553 291 3,407\nTransferred (95) 95 - -\nPerformance and currency movements (214) 89 (16) (141)\nNet subscriptions / redemptions / fund closures (328) 269 (63) (122)\nTotal AUM at 31 March 2008 $926m $2,006m $212m $3,144m\n\n\n\n\n\nAUM movement Long Hedge Managed & Advisory Total\n3 months to 31 March 2008 $m $m $m $m\n\nAs at 31 December 2007 1,238 2,116 265 3,619\nPerformance and currency movements (194) (27) (24) (245)\nNet subscriptions / redemptions / fund closures (118) (83) (29) (230)\nTotal AUM at 31 March 2008 $926m $2,006m $212m $3,144m\n\n\n\nFor further information please contact:\n\n\n\n +44 (0)20 7227 2700\nPolar Capital\n\nMark Kary\nJohn Mansell\n\n\nLandsbanki\nSimon Bridges +44 (0)20 7426 9569\nClaes Spang +44 (0)20 7426 7706\n\n\nFinancial Dynamics\nEd Gascoigne-Pees +44 (0)20 7269 7132\nFelicity Murdoch +44 (0)20 7269 7243\n\n\n\n\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange GGIS \n ","length":3086,"tagName":"div"}]