Polar appoints co-manager for global tech fund

Nick Evans has replaced Tim Woolley as co-fund manager of the Dublin-based Polar Capital Global Technology fund.

Ben Rogoff continues as co-manager of the Dublin fund, which has distributor status in Britain, and as the manager of the Polar Capital Technology investment trust.

In a statement released to the London Stock Exchange, Polar Capital said: “The directors of the Global Technology fund wish to announce that Tim Woolley is no longer portfolio manager for the fund. Nick Evans has been appointed a portfolio manager for the fund.”

Evans moved to Polar Capital in September 2007 from Axa Framlington Investment Management as a senior fund manager.

He joined Axa Framlington in August 2000 and was the lead manager of the Axa Framlington Global Technology fund. He was replaced as the manager of this fund by Jeremy Gleeson.

Before Axa Framlington, Evans worked at Hill Samuel Asset Management for three years as an investment manager of pan-European equities.

Rogoff took over management of the Polar Capital Technology investment trust in June 2006 from Brian Ashford-Russell. Rogoff was at Aberdeen from 1998 until he joined Polar Capital in 2003.

Polar Capital has also today launched the Dublin-based Healthcare Opportunities fund that is being managed by Gareth Powell and Daniel Mahony.

Powell has joined Polar Capital from Axa Framlington, where he was manager of its Biotech fund.

Mahony was previously senior healthcare analyst at Morgan Stanley. He has been a sell-side analyst for the healthcare sector for nine years. Healthcare Opportunities is a multi-cap fund that invests globally.