Guinness Global Investors (Guinness) has announced the acquisition of Foresight Capital Management (FCM), the public markets division of Foresight Group. The transaction includes seven investment strategies focused on listed real assets and sustainable and impact investing funds.
According to the firm, FCM’s listed real assets team will be integrated into Guinness’ Real Assets team, led by Mark Brennan, who helped develop and manage these strategies at FCM before joining Guinness. Meanwhile, Nick Scullion, Partner and Head of FCM, will remain at Foresight.
“The diversification benefits offered by listed real assets are more relevant than ever in today’s markets. Reuniting Mark Brennan with the funds he launched at FCM represents an excellent opportunity to strengthen our real assets investment platform,” said Edward Guinness, CEO of Guinness Global Investors.
For his part, Mark Brennan, Portfolio Manager at Guinness, commented: “The addition of these strategies and the listed real assets team to Guinness accelerates our growth plans by providing greater scale and expanding our investment team.”
Eric Bright and Mayank Markanday, Portfolio Managers at FCM, added: “Guinness will provide our listed real assets teams with an outstanding platform to support future growth. Collaborating with Guinness and with Mark is a natural evolution that will allow us to expand our capabilities.”
WHEB Strategies
The transaction also includes WHEB’s sustainable and impact investing team, now part of FCM, which will work alongside the Guinness team responsible for the Guinness Sustainable Energy strategy, launched in 2006, and the Guinness Global Environment strategy, launched in 2025.
WHEB’s impact investing approach—widely regarded as a market benchmark—will be maintained. Its framework combines the impact generated by portfolio companies with the contribution made by investors, while incorporating measurement criteria, stewardship, corporate governance, and transparency.
Edward Guinness added: “FCM’s WHEB team is recognized as a thought leader in responsible investing and will strengthen the expertise we have built at Guinness in this area. FCM’s WHEB funds offer attractive long-term prospects, and their portfolio companies are currently trading at historically low relative valuations.”
Ted Franks, Portfolio Manager of the impact strategies, said: “We have always admired Guinness’ disciplined investment and research process, as well as its expertise in areas closely aligned with our strategies. The integration will create a larger investment team, and I am very excited about this new chapter.”
