Polar Capital materially improves H1 pretax profit

Polar Capital materially improved its H1 pretax profit to £330.57m, from £7.1m. The boost came via a £321.25m gain on investments held at fair value, from £7.18m a year earlier.

Total net assets were £1,13bn, from £801.3m. NAV per share was 854.91p, from 605.51p.

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