‘High valuations alone rarely end a rally’ say UBS analysts on AI stock surge Tech The rapid rise in the share prices of AI-adjacent stocks could continue well into 2026, analysts at one of Europe’s top banks have said. Valuations of top tech stocks have been running hot since the start of the year as investors rushed to build a stake in the burgeoning technology, with the US S&P 500 [...]
Is Microsoft becoming the new Vodafone? Tech America’s biggest tech firms – Microsoft, Amazon, Meta, Google – have thrown the kitchen sink at becoming leaders in AI. They have forked out whatever is necessary to get to the front of the race. The four firms spent a combined $16bn on capex in the first quarter of 2020. Fast-forward to the third quarter [...]
Tech tailwinds boost Polar Capital as AI bubble balloons Tech Asset manager Polar Capital reported a surge in earnings after the firm’s “meaningful exposure” to tech stocks provided a hefty tailwind. The London-listed business recorded a 21 per cent jump in pre-tax profit to £27.9m, this was up from £23.1m just last year. Whilst outflows soared to £690m, including a significant £632m concentrated in the [...]
Polar Capital: Profit jumps as boss departs June 30, 2025 Asset manager Polar Capital reported a surge in profit for the latest financial year but a tough final quarter and the threat of market volatility lingered over results. The London-listed firm recorded a 27 per cent jump in core operating profit to £56.7m for the year ending March 31 2025. Pre-tax profit dipped six per [...]
AJ Bell shares surge as investors give £3.3bn boost May 23, 2025 Shares in AJ Bell have leapt ten per cent after the London-listed firm posted a strong half year performance. The Salford-headquartered group’s assets under administration (AUA) have hit a new peak of £90.4bn, buoyed by investors injecting £3.3bn and the firm benefiting from £600m of favourable market movements. Revenue was up 17 per cent to [...]
Polar Capital stock downgraded amid warning of dividend cut April 14, 2025 Polar Capital has been downgraded by two different City analysts after its assets fell significantly more than had been expected by forecasts. The tech-focused asset manager lost £2.4bn over the last quarter almost entirely due to £2.3bn of losses in investment returns, as US tech giants have struggled to match the stock price returns of [...]
Liontrust dividend ‘increasingly at risk’ warns RBC April 3, 2025 Liontrust is “increasingly at risk” of running out of money to pay its dividend, an investment bank has warned, as the asset manager struggles to keep investors from withdrawing their cash. In a research note, RBC analysts cut expectations for Liontrust’s adjusted profit before tax by one per cent for 2025, 14 per cent for [...]
Polar Capital shakes off August’s market meltdown October 10, 2024 Polar Capital has reported an uptick in assets under management after the specialist fund manager shook off a hit from August's market meltdown.
Polar Capital: Emerging markets and Asian Stars teams help assets rise July 11, 2024 Polar Capital enjoyed an uptick in assets under management last quarter as the specialist fund manager was boosted by rising interest in funds managed by its emerging markets and Asian Stars teams.
Polar Capital Healthcare trust rockets to success thanks to strong stock selection May 16, 2024 The trust performed much better than the previous year, where it grew only 4.2 per cent, thanks to strong stock selection and managing to outperform an already booming healthcare market.