Gresham House says ‘AUM growth driven by strong fundraising
Gresham House CEO Tony Dalwood and chief financial officer Kevin Acton speak to Proactive London about their January trading update.
They says AUM growth has been driven both by strong fundraising performance and targeted acquisitions. Notably they saw an increased demand in the forestry division, resulting in increased AUM of over £600m from new business.
They also completed the acquisition of the VCT business of Mobeus in October, as well as Appian Asset Management last summer, adding a further £369m and £303m respectively.
The firm continue investing in the business for the long-term while remaining focused on productivity and efficiency throughout to ensure ongoing profitability and margin improvement in the years ahead.
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