Announced

Foresight Group Holdings Limited to acquire WHEB Asset Management.

Synopsis

Foresight Group Holdings, an investment manager specializing in sustainable investments, agreed to acquire WHEB Asset Management, an impact investment firm focused on sustainable and positive impact investing. Financial terms were not disclosed.​ "Over the past decade WHEB has built a highly successful, award-winning franchise around a core global equity impact strategy. We have helped set the standard for impact investing in listed markets in the UK and abroad. As part of FCM and the wider Foresight group, we will be able to offer clients a broader suite of impact products across different asset classes with the backing of an institution with a strong balance-sheet and established distribution and risk management processes," George Latham, WHEB Asset Management Managing Partner.

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