Polar Capital Holdings (GB:POLR) has released an update.
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Polar Capital Holdings PLC reported a robust financial year with Assets under Management (AuM) increasing by 14% to £21.9bn, and further growth to £22.8bn as of mid-June 2024. Despite a slight decline in core operating profit, profit before tax surged by 21%, and the company maintained a total dividend per share at 46.0p. The firm also expressed optimism for the future, highlighting strong performance across most funds and continuing strategic expansion, including establishing a new office in Stockholm and enhancing their US presence.
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