Foresight wins Fund Manager of the Year at PLC Awards 2018

FORESIGHT WINS FUND MANAGER OF THE YEAR AT PLC AWARDS 2018

London, 22 March 2019

Click here to read the full announcement.

Foresight Group (“Foresight”) was named Fund Manager of the Year for FP Foresight UK Infrastructure Income Fund (‘FIIF’) at yesterday evening’s PLC Awards 2018 gala dinner and ceremony, which took place at The Grosvenor House Hotel.

The Fund Manager of the Year award is awarded to the best performing fund manager based on published data over the period of the 1 January 2018 to 31 December 2018. Since its launch on 4 December 2017, FIIF has achieved significant capital appreciation, contributing to a twelve-month total return of 11.65% with annualised volatility of 4.6%. Total return since inception now stands at 16.97% with NAV at more than £130 million.

The PLC Awards have been held for the past 33 years, celebrating outstanding performance in the previous twelve months. This prestigious event is attended by CEOs, CFOs, investment bankers, fund managers, analysts and corporate advisers from a wide spectrum of investment companies.

The strong performance of FIIF reinforces the case for investing in UK listed infrastructure and renewables, which provides access to long-term, inflation-linked and government backed cash flows. The diversified exposure to high quality infrastructure and renewable assets enables the fund to deliver predictable income with low volatility, uncorrelated to traditional asset classes.

Mark Brennan, Lead Fund Manager of FIIF, said: “We are thrilled to have received the Fund Manager of the Year award in recognition of FIIF’s ongoing success. Being recognised by our industry peers so soon after launching the fund speaks volumes for the success of our investment strategy.  The infrastructure and renewables sector has rapidly grown in popularity among investors seeking long-term, stable and uncorrelated returns and we look forward continuing to deliver these outcomes on behalf of our growing client base.”