Polar Capital, the London-based investment boutique launched by Brian Ashford Russell and Tim Woolley in 2000, is the latest firm to generate increased margins and profits.

Now overseen by Gavin Rochussen, a former chief executive of J O Hambro Capital Management (JOHCM) and Fleming Family and Partners (FF&P), Polar Capital recorded pre-tax profits of £64.09 million for the year to 31 March 2019, a £22.80 million or 55.24 percent increase on the £41.28 percent posted for the previous year.

Net income amounted to £165.85 million, a £36.61 million or 28.33 percent increase on the previous year’s £129.24 millio...