In its annual outcomes for the 12 months to 31 March 2024 revealed in the present day (27 June), the agency reported AUM of £21.9bn, up from £19.2bn a 12 months prior.
The rise was largely attributed to a contribution of £4.3bn from market actions and fund efficiency, which have been partly offset by £1.6bn in internet redemptions.
Core working revenue decreased to £44.8m from £47.9m final 12 months attributable to decrease common AUM for a big a part of the 12 months and better working prices.
Polar Capital shares surge 16% as robust market features offset £1.6bn outflows
But this was compensated by the next efficiency charge professional…
