Polar Capital
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Polar Capital (POLR) investor relations material

Polar Capital Trading update summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Trading update summary12 Oct, 2026

Assets under management

  • AuM £43.7bn at 30 Sep 2026; net inflows £1.2bn in Q2 and £3.6bn in H1 FY27.

  • Quarterly net flows +£1.16bn, led by open-ended funds +£1.102bn and segregated mandates +£60m; investment trusts -£2m.

  • Adverse market movement and performance of £2.448bn in Q2; AuM ~3% below £45.0bn at 30 Jun.

  • H1 net flows £3.620bn and positive market movement and performance of £9.452bn; AuM ~43% higher than £30.6bn at FY start.

Performance fee profits

  • Net performance fee profits £8.8m for the six months to 30 Sep 2026, including accrued fees.

  • Accrued fees reflect underlying funds’ performance fees three months before crystallisation; fees are volatile and may not be sustained over the next quarter.

Flows and outlook

  • Strongest demand was for specialist strategies led by Global Technology and Artificial Intelligence; Healthcare, including Biotechnology, Smart Energy and other strategies also contributed to inflows.

  • Client engagement remained high, particularly in Europe and Asia, while the geographic mix of new business broadened.

  • Strong investment performance across several principal growth franchises supported demand; market volatility, geopolitical developments and changing risk appetite shaped an uncertain backdrop.

  • Interim results for the half year ended 30 Sep 2026 are scheduled for 24 Nov 2026.

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Frequently asked questions

Polar Capital Holdings PLC is a London-based specialist, investment-led, fund management company. It primarily caters to professional and institutional investors, offering a diverse portfolio of funds that are diversified by asset class, geographical and sectoral specialization. The company is actively involved in providing investment management and advisory services. Polar Capital operates through various subsidiaries across the globe, including in the United States, Europe, and Asia, to deliver a range of long-only and alternative investment products. The company is headquartered in London, United Kingdom, and its shares are listed on the London Stock Exchange.