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Foresight Group Holdings Says On Track To Double Core Profitability By FY 2029

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Foresight Group Holdings Limited (FSG.L) said that it is on track to deliver its guidance to double its core profitability metric over the five years to fiscal year 2029.

Assets Under Management (AUM) was 12.2 billion pounds and Funds under Management (FUM) was 8.5 billion pounds for the three months ended 31 December 2024.

Bernard Fairman, Executive Chairman of Foresight Group Holdings Limited, said "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 date 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."

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