Foresight Group reports higher FY26 profit and dividend as assets under management grow
Foresight Group posts stronger full-year profitability for the year ended March 31, 2026, supported by growth in assets under management and recurring revenue. The investment manager also says trading after the period end lifts AUM to about £13.1 billion and FUM to about £9.2 billion.
Highlights
- Foresight Group's assets under management rose 8% to £13.0 billion and funds under management grew 7% to £9.0 billion in FY26.
- Core EBITDA pre-SBP increased 10% to £68.6 million, driven by stronger recurring revenue and performance fees from institutional fund exits in Australia.
- The board raised the total FY26 dividend 12% to 27.1 pence per share, supported by adjusted basic earnings per share of 46.4 pence.
FY26 earnings and asset growth
As reported by the London Stock Exchange's Regulatory News Service, Foresight Group says assets under management rise 8% to £13.0 billion in FY26 from £12.1 billion a year earlier, while funds under management increase 7% to £9.0 billion from £8.4 billion.Total revenue stands at £164.9 million and recurring revenue reaches £135.3 million, equivalent to 82.1% of total revenue. Core EBITDA pre-SBP grows 10% to £68.6 million, which the group says is driven by higher recurring revenue and stronger year-on-year performance fees after larger institutional fund exits in Australia.
Adjusted basic earnings per share come in at 46.4 pence. The board recommends a final dividend of 19.0 pence, taking the total dividend for the year to 27.1 pence, up 12% from the prior year.
Post-period fundraising and business focus
After the financial year end, Foresight says AUM increases to about £13.1 billion and FUM rises to about £9.2 billion following incremental fundraising across its retail and institutional distribution channels.Executive Chairman Bernard Fairman says FY26 marks another year of profitable growth, with double-digit percentage increases in core EBITDA pre-SBP, adjusted earnings per share and dividend per share. He says the group enters the new financial year focused on its core Real Assets and Private Equity divisions, supported by a diversified fundraising pipeline across institutional and retail investment vehicles managing long-duration capital.
Our earlier coverage of weakening UK business confidence highlighted a June slide in expected output volumes and a sharper downturn in services, pointing to a broader slowdown. We also noted a mixed labour-market picture, with vacancies still rising but advertised pay easing and graduate salaries falling sharply.
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