Archives for 2016

View our older news stories from this year.

Growth in commercial forestry

Commercial forestry is a very attractive investment increasingly for family offices and high net worth individuals as well as institutional investors who have been enjoying allocating capital to the differentiated and illiquid timber asset class. The S&P Global Timber & Forestry Index (which includes 25 public forestry companies) has increased 11% over the past year....

Gresham House not afraid to put skin in the game to succeed

UK-based funds boutique Gresham House Asset Management is on the way to a massive expansion which it has been gearing up for over the past two years. The specialist asset manager which stems from a nearly 160-year old investment trust and one of the oldest companies listed on the London Stock Exchange, looks to make its...

Gresham House moves towards profitability

Gresham House (GHE:315p), a specialist asset manager and another constituent of my 2016 Bargain Shares Portfolio, has been in the news, too. I analysed the first-half trading performance in an online article (‘Bargain Shares: small-cap updates’, 3 Oct 2016), since when the company has announced the early receipt of £940,000 of deferred proceeds from the...

Ex-Permira boss builds 5% stake in funds boutique

Former Permira boss Sir Damon Buffini has built a 5% stake in Gresham House. According to regulatory filing, Buffini built the position through two separate transactions in the last few days through his investment vehicle Saffie Investments. Gresham House, a former 157-year-old investment trust, was reincarnated as an asset management business in June 2014. This...

Forestry Fund launched

Five forests in the west of Scotland are being acquired for £12 million by asset manager Gresham House after its new Forestry Fund first closed with an initial £15m of commitments and finance. The company is targeting a final close for the fund in H2 2017 at £50m. The Gresham House Forestry Fund will target...

First close on forestry fund

Timber asset manager Gresham House has made the first close on a forestry fund that intends to buy five sites in the west of Scotland for £12.1million. Gresham House said it has £15 million of commitments including from family offices, private individuals and college endowment funds. A final close is pencilled in for the second...

Characteristics of the engaged Strategic Public Equity approach to investment

Tony Dalwood discusses the differentiated characteristics of the engaged Strategic Public Equity approach to investment.

Simon Thompson bargain portfolio update – Gresham House plc, Buy

There was a lot to like about the first half trading performance from Gresham House (GHE:320p), a specialist asset manager and a constituent of my 2016 Bargain shares portfolio. The company has been making great strides in scaling up the business, so much so that in the first eight months of this year it has increased assets...

Investment opportunity for UK forestry

Richard Davidson Fund Manager, Gresham House Forestry discusses the market opportunity for commercial forestry in the UK.

Gresham House revenue soars 254% after year of transformation

Gresham House’s revenue has grown 254% to £1.7 million up from £482,000 compared to the same period in 2015. In its results for the six months ending June, the asset management company suffered a £1.65 million loss, down from £52,000 in profit the previous year. This was attributed to continued investment in the business including...