Foresight Group Holdings Limited ("Foresight", the "Group") is a leading investment manager offering institutional and retail investors a diverse range of listed and private investment solutions in real assets located in the UK, Europe and Australia, and growth capital for businesses across the UK and Ireland.
The Group is pleased to announce its trading update for the three months ended 31 December 2024 ("Q3 FY25", the "period", the "quarter").
AUM/FUM Quarterly Movement
Since the recent publication of our interim results on 28 November 2024, fundraising across our strategies has been in line with expectations, with an update to be provided at our financial year end.
Bernard Fairman, Executive Chairman of Foresight Group Holdings Limited, commented:
"During the quarter, our well-established retail sales team remained on track for a record year of fundraising in our tax efficient retail strategies, with over £400 million raised year to date1 Institutional fundraising included our Private Equity division's launch of its 14th active regional fund in the South West of England, with good progress made towards achieving further closes in Q4 across our Infrastructure and Private Equity divisions.
This quarter's fundraising keeps us on track to deliver our guidance to double our core profitability metric over the five years to FY29."
FY25 Announcement
The next scheduled market update for Foresight Group will be a FY25 trading update in April 2025.
Notes:
- Please note that all figures contained in this announcement are unaudited and subject to change.
- All percentage movements contained in this announcement are based on actual figures.
- Divisional AUM movement: