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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Foresight AuM grows amid 'resilient' performance

(Sharecast News) - Investment manager Foresight Group said on Thursday that both assets and funds under management had increased in the year ended 31 March amid "another period of profitable and resilient growth". Foresight said assets under management had risen 6% to £14bn and funds under management grew 4% to £10.0bn. On a divisional AUM basis, real assets were up 8% at £11.1bn and private equity was 11% higher at £2bn, while FCM dropped 21% to £900m.

The FTSE 250-listed firm said high revenue visibility was maintained, with a continued focus on recurring revenue and long duration capital providing it with "significant earnings resilience" in volatile market conditions.

Foresight added that it now expects FY26 core underlying earnings before share based payments to be in line with market expectations of £65.2m to £70.2m.

Executive chairman Bernard Fairman said: "Despite the geopolitical backdrop, FY26 has represented another period of profitable and resilient growth for the group, driven by both successful fundraising and strong performance across our long duration products.

"Combined with sustained investor appetite for our retail and regional private equity strategies, the group is well positioned for further profitable growth."

As of 0810 BST, Foresight shares were down 0.40% at 373p.

Reporting by Iain Gilbert at Sharecast.com

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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