Gresham House CEO Tony Dalwood and chief financial officer Kevin Acton speak to Proactive London's Katie Pilbeam about their 65% rise in assets under management in 2021, buoyed by both organic growth and acquisitions, with net inflows of £1.2bn across all of its strategies.
AUM increased to £6.5bn in the year ended 31 December 2021. Adjusted operating profit soared 67% to £20.2mln over the year, while net core income grew 51% to reach £61.6m, up from £40.8m in 2020.
They also completed the acquisition of the VCT business of Mobeus in October, as well as Appian Asset Management last summer, adding a further £369m and £303m respectively.