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Pin to quick picksPolar Capital Technology Trust Share News (PCT)

Share Price Information for Polar Capital Technology Trust (PCT)

London Stock Exchange
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Share Price: 3,295.00
Bid: 3,285.00
Ask: 3,295.00
Change: 40.00 (1.23%)
Spread: 10.00 (0.304%)
Open: 3,275.00
High: 3,305.00
Low: 3,275.00
Prev. Close: 3,255.00
PCT Live PriceLast checked at -

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Polar Capital sees asset growth despite China slowdown

Tue, 08th Dec 2015 07:13

(ShareCast News) - Positivity was still ringing at Polar Capital Technology Trust on Tuesday morning, although returns were down markedly.In its half year report, the FTSE 250-listed investment firm showed total unaudited return for the six months to 31 October of £11.63m. That was down markedly on £117.54m at the same time last year.Net assets were up, however, to £799.72m (from £719.84m last year)."Our total return performance came in ahead of our benchmark, with the net asset value per share rising 0.8% during the first half versus a 1.0% decline for the sterling adjusted benchmark", said Polar Capital investment manager Ben Rogoff.Polar Capital reported Amazon as being the most significant contributor to the asset growth, advancing 46% during the period.The firm said other internet holdings such as Alphabet (formerly Google) and Facebook played a supporting role to Seattle's golden child of e-commerce, with the gaming sector also lending a hand."Companies such as Activision, Electronic Arts and Ubisoft all delivered strong absolute and relative performance aided by next-generation console adoption and an increasing mix of margin-rich digital content", Rogoff added.Polar Capital remained bullish about its prospects going forward, although China remained a sore spot given the summer crash and continued slow growth."If China holds together, 2016 should see EM growth reaccelerate, driven by India and "partial normalization" of a number of commodity-sensitive economies in distress this year", Rogoff said.
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DIRECTOR DEALINGS: Polar Capital Technology Non-Executive Sells Shares

(Alliance News) - Polar Capital Technology Trust PLC said Non-Executive Director Peter Hames sold shares in the investment firm following a transaction on Tuesday.Hames disposed of 3,000 at

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DIRECTOR DEALINGS: Polar Capital Non-Executive Director Sells Shares

LONDON (Alliance News) - Polar Capital Technology Trust PLC said Monday that Non-Executive Director Peter Hames sold shares worth GBP52,240 in the company.Hames sold 4,000 shares at pence a

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26 Apr 2018 16:51

DIRECTOR DEALINGS: Polar Capital Technology Director Buys Shares

LONDON (Alliance News) - Polar Capital Technology Trust PLC said Non-Executive Director Stephen White purchased 10,000 shares at a price of 1,115.36 pence per share on Thursday, in a transaction

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19 Jan 2017 08:54

Polar Capital Holdings appoints new CEO

(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 a

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16 Dec 2016 07:56

Polar Capital outperforms benchmark at half-year stage

(ShareCast News) - Polar Capital Technology Trust reported a 41.2% increase in net assets to £1.13bn at the half-year stage. The share price on the other hand rose 40.5% during the six-month span to 31 October, which meant the discount on the shares versus the company's net asset value widened from

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Polar Capital Technology reports on 'frustrating' year

(ShareCast News) - Investment trust Polar Capital Technology published a set of lacklustre preliminary results on Tuesday, with its chairman describing the 12 months to the end of April as "frustrating". The FTSE 250 firm's total net assets stood at £801.3m on 30 April, a 1% improvement on a year ag

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