Foresight Group has announced the acquisition of the trade and assets of WHEB Asset Management LLP (WHEB).

The move has added over £800m to Foresight’s assets under management (AuM).

Headquartered in London, WHEB is focused on impact investing, managing a single global mid-cap equity strategy that invests in listed companies whose products and services provide solutions to key sustainability challenges. WHEB’s key employees, including the management team, will join Foresight and be integrated into the Foresight Capital Management (FCM) division.

Foresight has also been appointed as sub-investment manager and sub-distributor for the Liontrust Diversified Real Assets Fund. This appointment will become effective on 3 February, with the fund manager retaining his existing responsibilities and joining Foresight’s FCM division, bringing 18 years’ investment management experience.

Foresight executive chairman, Bernard Fairman, commented: “We continue to pursue opportunities to support business growth, and today’s announcement is a prime example of our proactive management.

“The FCM transactions further diversify our product offerings, bring significant investment experience and add scale to the division. We are also pleased to see continued demand from institutional investors as we look to leverage our substantial sector experience for our forthcoming European natural capital strategy.

“In combination with recent retail fundraising, as well as positive foreign exchange movements, this represents a strong start to 2025.”

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