Guinness Global Investors (Guinness) has announced the acquisition of Foresight Group’s public markets division, Foresight Capital Management (FCM). The deal includes seven strategies across real assets and sustainable and impact funds.
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.
Edward Guinness, CEO, Guinness Global Investors, says: “The diversification that listed real assets offer is as important as ever in today’s markets. Reuniting Mark Brennan with the funds he launched at FCM is a great opportunity to build our real assets franchise.”
Mark Brennan, Portfolio Manager at Guinness, says: “Bringing the real assets strategies and team to Guinness accelerates our growth plans, giving us further scale and a larger investment team.”
Eric Bright & Mayank Markanday, Portfolio Managers at FCM, says: “Guinness will provide our listed real assets teams with a great platform for growth. Partnering with Guinness and Mark is a natural fit as we seek to expand our capabilities.”
FCM’s WHEB Sustainable and Impact team will sit alongside Guinness’s team managing the Guinness Sustainable Energy strategy, launched in 2006, and the Guinness Global Environment strategy, launched in 2025. The firm writes that the market-defining WHEB impact approach, built on the impact model of enterprise impact and investor contribution, and including measurement, stewardship, governance and transparency, will be retained.
Edward Guinness, CEO, Guinness Global Investors, adds: “The FCM WHEB team are recognised thought leaders in responsible investment and will further enhance the expertise we have developed at Guinness. The FCM WHEB Funds have attractive long-term prospects and investee companies are trading on historically low valuations.”
Ted Franks, Portfolio Manager of the impact strategies, says: “We have long admired the Guinness rigour in investment process and research, with its expertise in areas that are adjacent to our strategies. The combined investment team brings greater scale and I am excited for the challenge.”
