Foresight Group Holdings Limited (FSG.L), an infrastructure and private equity investment manager, Thursday said its Assets Under Management (AUM) for fiscal 2024 decreased to 11.9 billion pounds from 12.2 billion pounds a year ago.
Funds under Management (FUM) for the year was 8.4 billion pounds, down from 9.0 pounds last year.
However, the company said it expects core EBITDA pre-Share Based Payments to be in line with market expectations of 58.3 million pounds - 60.3 million pounds, primarily helped by growth in demand for its higher margin retail vehicles as well as successful institutional fundraising activity from private equity business.
In fiscal 2023, core EBITDA pre-Share Based Payments was 50.2 million pounds.
Looking ahead, the company said, "We are confident that the momentum behind our scalable energy transition strategies and the strength of our higher margin strategies will support continued core EBITDA pre-SBP growth."
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.