Investment management group Polar Capital Holdings plc (LON:POLR) is releasing final results Friday.
The last update in April highlighted a difficult end to the year. Assets under management fell on persistent outflows from Japan, which led to moderated expectations for the year.
A key focus for investors and analysts alike will be on investment performance across the product range, and whether the group has yielded any benefits from the increased diversity of the business.
An 8% dividend yield offers some compensation from the negative earnings momentum, but investors will be looking to positive assets under management growth for short to medium term performance.
Analysts at Peel Hunt say these are “challenging times” for the group.
Tomorrow we will also learn the results of today’s EU referendum. Current polls have the Remain vote continuing its lead, but commentators are naturally cautious.
The Electoral Commission estimates a final result "around breakfast time" tomorrow.