Gresham House (GHE)

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An asset management company focused on managing funds and co-investment or club deals across a range of differentiated and illiquid alternative investment strategies for third-party clients – Segments include Asset Management, Forestry Management, Investment in Securities and Property Investment.

13-Sep-2018 – 470p – £94.3m – PER 23.5

Interim Results For The 6 Months To End June 2018 – AUM up 148% to £1.6bn with an Adjusted Operating Profit of £0.4m (-£0.8m Loss last time). Intends to implement an accelerated dividend policy next year.

A new one to me which I need to research more – Seems worth it now it’s moving into Profit and starting a Dividend payment.

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