• Investment Team
  • Board of Directors
  • Polar Capital

The Investment Team

The six-strong specialist healthcare team, set up in 2007, includes partners Daniel Mahony and Gareth Powell alongside fund managers James Douglas (Healthcare Blue Chip Fund and the Global Healthcare Trust), David Pinniger (Biotechnology Fund) and Deane Donnigan (Healthcare Discovery Fund). The partners and fund managers all held senior roles in pharma and biotech – in equity sales, as a clinical specialist and a research scientist as well as time working in academic laboratories and institutes – before managing money in the sector.

The Board of Directors

The Board of Directors are an independent entity, separate from the investment manager (who are, in this case, Polar Capital). They are responsible for the governance and operation of the trust, which includes selecting the investment manager. Independently elected, they perform a number of tasks such as holding the investment manager to account on performance, ensuring investors are treated fairly, and how the trust’s revenues are deployed on, for example, marketing and dividends.

The Investment Manager: Polar Capital

Polar Capital is a specialist, investment-led, active fund management company offering investors a range of predominantly long-only funds including three thematic investment trusts.

The company was founded in 2001 with an investment trust the first product that the company managed. Investment trusts are and remain an integral part of the company.