Polar has maintained its growth momentum in H1 of FY22 with AUM reaching £23.4bn on 30 Sep 21, 12% up over the half-year (31 Mar 21: £20.9bn) and 43% up year-on-year (30 Sep 20: £16.4bn). It has already surpassed our original end-FY22 AUM forecast of £23.1bn. We also see huge potential for the new Sustainable Thematic Equities team (with newly launched Smart Energy and Smart Mobility funds) to contribute to maintaining the growth momentum.
