Gresham House eyes further fund launches after growing AUM by 42% in 2020

Focus on sustainability solutions

Gresham House has increased its assets under management (AUM) by 42% during 2020 to finish the year at £4bn, as a focus on sustainable investment strategies helped the business prosper despite the pandemic.

The managers, which focuses on real and alternative assets, has also seen net core income rise 29% to £40.8m and adjusted operating profit grow by 17% to £12.1m compared to the previous year. Much of its success was driven by strong fundraising for its sustainability-focused strategies, including in areas such as housing, forestry, sustainable infrastructure and new energy, which are all key to the UK government's post-pandemic green recovery plan. The year also saw Gresham House hire Rebecca Craddock-Taylor as sustainable investment director and expand its range of sustainability foc...