Polar Capital Holdings (POLR)

Sector:

Financials

Index:

FTSE AIM 50

478.00p
   
  • Change Today:
    -13.50p
  • 52 Week High: 605.00p
  • 52 Week Low: 411.00p
  • Currency: UK Pounds
  • Shares Issued: 101.55m
  • Volume: 198,195
  • Market Cap: £485.40m
  • RiskGrade: 119

Polar Capital Holdings appoints new CEO

By Bianca Boorer

Date: Thursday 19 Jan 2017

LONDON (ShareCast) - (ShareCast News) - Polar Capital Holdings, an investment management boutique, announced the prospective appointment of Gavin Rochussen as its new chief executive.


Rochussen will succeed Tim Woolley in July 2017, after which his predecessor will move to a non-executive position.

Previous to the appointment Rochussen was group CEO of J O Hambro Capital Management group (JOHCM), an active equity investment boutique acquired by Australian listed fund management group BT Investment Management. Under his leadership, from 2008 to 2016, the business grew from £1.5bn worth of equity assets under management to £23.9bn at 30 September 2016.

Prior to JOHCM, from 2003 to 2008, he was CEO of Fleming Family Partners.

Chairman Tom Bartlam said: "Gavin has a proven track record of successfully managing a boutique equity investment house and we are all excited at the opportunities in front of us as Gavin takes over the reins at Polar Capital.

"We all owe Tim a great debt of gratitude for leading the firm, which he founded with Brian Ashford-Russell and Caledonia Investments plc, so well over the past seven years and having grown assets under management from £1.2bn when he returned, as CEO in November 2009 to £8.4bn at 31 December 2016. We are also pleased that that Tim will continue to serve on the Board and that the Group will continue to benefit from his expertise."

The share price rose 4.55% to 379.50p at 1112 GMT on Thursday.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

POLR Market Data

Currency UK Pounds
Share Price 478.00p
Change Today -13.50p
% Change -2.75 %
52 Week High 605.00p
52 Week Low 411.00p
Volume 198,195
Shares Issued 101.55m
Market Cap £485.40m
RiskGrade 119

POLR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.07% above the market average40.07% above the market average40.07% above the market average40.07% above the market average40.07% above the market average
22.94% above the sector average22.94% above the sector average22.94% above the sector average22.94% above the sector average22.94% above the sector average
Price Trend
17.20% above the market average17.20% above the market average17.20% above the market average17.20% above the market average17.20% above the market average
2.65% above the sector average2.65% above the sector average2.65% above the sector average2.65% above the sector average2.65% above the sector average
Income
73.76% above the market average73.76% above the market average73.76% above the market average73.76% above the market average73.76% above the market average
56.92% above the sector average56.92% above the sector average56.92% above the sector average56.92% above the sector average56.92% above the sector average
Growth
76.25% below the market average76.25% below the market average76.25% below the market average76.25% below the market average76.25% below the market average
49.51% below the sector average49.51% below the sector average49.51% below the sector average49.51% below the sector average49.51% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

POLR Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 04-Jul-24 14-Dec-23
Paid 02-Aug-24 12-Jan-24
Amount 32.00p 14.00p

Trades for 31-Oct-2024

Time Volume / Share Price
16:35 28,810 @ 478.00p
16:35 51 @ 478.00p
16:35 63 @ 478.00p
16:35 34 @ 478.00p
16:35 818 @ 478.00p

POLR Key Personnel

CEO Gavin Rochussen

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