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By Lars Mucklejohn Polar Capital has reported an uptick in assets under management (AuM) after the specialist fund manager shook off a hit from August’s market meltdown. The London-listed firm said on Thursday that its AuM came in at £22.7bn as of 30 September, 2024, up four per cent from £21.9bn in the prior six months. Still, this figure was down compared to £23.5bn in AuM at the end of June. Chief executive Gavin Rochussen blamed a “more challenging market environment over the last quarter” for the drop in AuM, mainly driven by the worldwide equity sell-off in early August. Polar saw negati…

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