Polar Capital Technology Trust (PCT)

Sector:

Investment Firms

Index:

FTSE 250

1,434.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 1,500.00
  • 52 Week Low: 1,066.00
  • Currency: UK Pounds
  • Shares Issued: 133.82m
  • Volume: 120,139
  • Market Cap: £1,919.05m
  • RiskGrade: 95

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.

 

PCT Market Data

Currency UK Pounds
Share Price 1,434.00p
Change Today -8.00p
% Change -0.55 %
52 Week High 1,500.00
52 Week Low 1,066.00
Volume 120,139
Shares Issued 133.82m
Market Cap £1,919.05m
RiskGrade 95

PCT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.09% above the market average12.09% above the market average12.09% above the market average12.09% above the market average12.09% above the market average
7.46% above the sector average7.46% above the sector average7.46% above the sector average7.46% above the sector average7.46% above the sector average
Price Trend
81.91% above the market average81.91% above the market average81.91% above the market average81.91% above the market average81.91% above the market average
87.70% above the sector average87.70% above the sector average87.70% above the sector average87.70% above the sector average87.70% above the sector average
Income Not Available
Growth
29.40% above the market average29.40% above the market average29.40% above the market average29.40% above the market average29.40% above the market average
23.30% above the sector average23.30% above the sector average23.30% above the sector average23.30% above the sector average23.30% above the sector average

PCT Dividends

No dividends found

Trades for 13-Sep-2019

Time Volume / Share Price
16:35 23,854 @ 1,434.00p
16:29 768 @ 1,428.00p
16:29 705 @ 1,426.00p
16:29 140 @ 1,426.00p
16:29 205 @ 1,426.00p

PCT Key Personnel

Chair Michael Moule

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