Gresham House AUM powers to £4bn on real assets growth
Firm notes strong ‘organic’ growth across housing, forestry, sustainable infrastructure and new energy strategies
Gresham House boosted its assets by 42% last year.
The asset manager said in its full-year results for 2020 that assets under management hit £4bn at the end of the year, up from £2.8bn in 2019.
It said about £1bn of this growth was “organic” as a result of strong fundraising across its real assets business which includes housing, forestry, sustainable infrastructure and new energy strategies.
It also grew assets in its strategic equity business after winning a £150m mandate for Strategic Equity Capital, a London-listed investment trust focused on corporate engagement with publicly quoted companies.
Gresham House records boost in profits despite one of the most challenging years
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