The Baronsmead VCTs have raised a further £50mn, bringing their total net asset value to c.£450mn. Read more 2w
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The Group has momentum in fundraising and plans for further AUM growth across its divisions in 2021. The Board is also pleased to announce a 33% increase in the dividend to 6.0p (2019: 4.5p).
As at/for the year to 31 Dec 2020 | As at/for the year to 31 Dec 2019 | Change(%) | |
Assets under management (£m) | 3,970 | 2,797 | +42 |
Cash and liquid assets (£m) | 45.1 | 41.3 | +9 |
Net core income (£m) | 40.8 | 31.7 | +29 |
Adjusted operating profit (£m) | 12.1 | 10.3 | +17 |
Net performance fees and gains on investments (£m) | 1.0 | 1.5 | -33 |
Comprehensive net income (£m) | 0.8 | -0.8 | n/a |
Dividend (p) | 6.0 | 4.5 | +33 |
Chief Executive, Tony Dalwood and Chief Financial Officer, Kevin Acton present Gresham House plc’s Annual Results for the financial year ending 31 December 2020.
The presentation covers:
Followed by a Q&A session
Chief Executive, Tony Dalwood and Chief Financial Officer, Kevin Acton speak to Proactive London’s Katie Pilbeam about their latest trading update for the 12-month period ending 31 December 2020.
“The growth within each of the asset classes at Gresham House reflects the quality of our investment teams and client demand for these specialist areas. We start the second year of the GH25 plan with positive momentum despite the ongoing macroeconomic and social challenges, and we continue to invest alongside our growth ambitions in order to deliver client targets and generate shareholder value from AUM growth”.
Tony Dalwood, Chief Executive
The Baronsmead VCTs have raised a further £50mn, bringing their total net asset value to c.£450mn. Read more 2w
Why we think sustainable productive forestry should form the basis of a natural capital portfolio. Read more 4w
Gresham House has celebrated the topping out of a landmark affordable housing development in Henley-on-Thames, South... Read more 1mo
Baronsmead VCTs build on fundraise success to launch £50 million share offer Read more 1mo