Foresight said assets under management rose 8% to £13bn, while funds under management increased 7% to £9bn, both reflecting continuing operations. On a constant‑currency basis, AUM and FUM each grew 5%, with FX movements partly offsetting declines linked to its FY23 Australia acquisition. Australian realisations, including Zenith Energy and Kinetic, strengthened performance‑fee income but reduced AUM by £250m.
Retail fundraising delivered a fifth consecutive record year, rising 7% to £630m, and up 93% over three years, while institutional private‑equity inflows reached £95m, supported by the launch of Foresight's 16th regional fund.
The FTSE 250-listed firm, which said the sale of its public markets division was expected to complete in Q3, said total revenues increased 11% to £164.9m, recurring revenue rose 6% to £135.3m, and core underlying earnings pre‑SBP grew 10% to £68.6m. Adjusted earnings per share climbed 13% to 46.4p.
Foresight also recommended a 19p final dividend, taking its full‑year payout to 27.1p, up 12% year-on-year, and the group also repurchased £9.6m of shares under its £50m buyback programme, with £40.4m expected to be deployed across FY27 and FY28.
Post year‑end, AUM rose to roughly £13.1bn and FUM to around £9.2bn.
Chairman Bernard Fairman said:"FY26 was another year of profitable growth, with double-digit percentage increases in core EBITDA pre-SBP, adjusted earnings per share and dividend per share.
"We enter the new financial year wholly focused on our core real assets and private equity divisions with a diversified fundraising pipeline across institutional and retail investment vehicles managing long duration capital, and remain committed to our medium-term growth guidance."
As of 0930 BST, Foresight shares were up 8.31% at 444.08p.
Reporting by Iain Gilbert at Sharecast.com
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