Foresight Group AUM surges 42% on the back of £3.3bn acquisition spree

Inflows and valuation uplifts

Valeria Martinez
clock • 2 min read

Foresight Group’s acquisition spree, organic inflows and valuation uplifts have driven a 42% surge in assets under management, rising to £12.6bn.

The group's £3.3bn acquisition activity push, supported by continued organic inflows and valuation uplifts of more than £500m, saw its AUM grow from £8.8bn in the period.  Volatile markets drove the firm's capital management division to report £163m in performance losses, but this was partially offset by net inflows of £26m in the period. AUM for this division was £1.5bn at the period end, down 8.5% on FY22. Since the company's IPO in 2017, AUM has increased by 75%, driven by strategic acquisitions (61%) and organic growth (39%). Infrastructure In H1 FY23, AUM for the company's i...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week