November 26, 2018 / 7:16 AM / 23 days ago

Polar Capital H1 profit buoyed by rising assets under management

LONDON, Nov 26 (Reuters) - British asset manager Polar Capital on Monday posted an 81 percent year-on-year jump in first-half core profit, which excludes performance fees and other income, buoyed by rising assets under management.

Core profit in the six months to end-September was 21.7 million pounds, it said in a statement, up from 12 million pounds in the prior year. (Reporting by Simon Jessop. Editing by Ben Martin.)

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