international-adviser.com

International Adviser – The leading website for IFAs who distribute international fund, life & banking products to high net worth individuals

Guinness Global Investors has bought Foresight Group’s public markets division, Foresight Capital Management (FCM). FCM’s listed real assets team will join the Guinness Real Assets team led by Mark Brennan, who co-developed and managed the real assets strategies at FCM prior to joining Guinness. Nick Scullion, partner and head of FCM, will remain with Foresight. Following the FCM’s acquisition of WHEB Asset Management last year, the WHEB Sustainable and Impact team will join the Guinness team managing the Guinness Sustainable Energy strategy and the Guinness Global Environment strategy. The funds transferring from FCM to Guinness are: Listed real assets funds: FP Foresight Global Real Infrastructure fund FP Foresight UK Infrastructure Income fund FP Foresight Sustainable Real Estate Securities fund Foresight Global Real Infrastructure fund (Lux) Cromwell Foresight Global Infrastructure fund FP Foresight Diversified Real Assets fund Sustai…