UK ASSET & WEALTH MANAGEMENT | Paul Bryant, Equity Analyst

A step-change in scale for Polar Capital...

...in just 3 months. AUM grows from £31bn to £45bn in Q2 of 2026. No acquisition. Just investment performance and net flows. Polar is flying into FY27.

Jul 2 • Paul Bryant

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May 2026

D2C platforms fly high in Q1

AJ Bell D2C & interactive investor (owned by Aberdeen) drive upgrades and share price jumps - in an otherwise 'slow news' quarter in wealth management

May 29 • Paul Bryant

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Impax's AUM fall hits H1 results...

...but investment returns have been strong YTD. And it has deep expertise in energy efficiency, energy security, renewable energy & critical…

May 20 • Paul Bryant

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April 2026

If you grasp Asset Managers' Q1...

...then congratulations, because what a mixed bag of a quarter it was! Share price moves ranged from +45% to -30% and fundamentals were all over the…

Apr 24 • Paul Bryant

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Tatton AUM beats forecast again

Underlying net flows were strong all year but even stronger in H2. Growth prospects look good and Tatton looks well on track to hit its £30bn AUM/I…

Apr 15 • Paul Bryant

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1:02

Bumper quarter for Polar Capital

Huge net inflows in the Jan-Mar 26 quarter stands in stark contrast to equity funds more generally, and active equity funds especially, which suffered…

Apr 13 • Paul Bryant

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0:54

March 2026

What subscribers receive

Deep company & sector analysis, written for shareholders, boards, & executives of London-listed Asset & Wealth Managers. Find out more…

Mar 18 • Paul Bryant

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Pollen Street results watch. A winner hit by narrative contagion?

Shares down 25% on a cocktail of private credit & AI disruption worries. That smells like narrative contagion. Iran has muddied the picture further. 26…

Mar 17 • Paul Bryant

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Has Evelyn deal flagged hidden value in London-listed wealth management?

NatWest's punchy Evelyn multiple (for pedestrian performance compared to some listed peers) suggests a hungry acquirer might pay a meaningful premium…

Mar 5 • Paul Bryant

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February 2026

Jupiter jumps again (and there might be more to come)

Jupiter has turned from laggard to leader. The share price has had a huge recovery. Its fundamental valuation suggests there might be even more upside.

Feb 26 • Paul Bryant

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UK Wealth Managers' 2025 in charts

A relatively solid year for fundamentals, but some huge and divergent share price moves, coupled with AI fears, makes for tricky valuation assessments

Feb 19 • Paul Bryant

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2025: the great Asset Management bifurcation? (part 2 of 3)

Some are priced to win, some to lose, then there's a peloton with similar-looking valuations. What is Mr Market actually pricing in?

Feb 9 • Paul Bryant

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