REG - Impax Asset Mgmnt - AUM update

Impax Asset ManagementAnnouncement

07/10/2022 07:00

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RNS Number : 0967C  Impax Asset Management Group plc  07 October 2022

Impax Asset Management Group plc

 

("Impax" or the "Company")

 

Q4 AUM update

Impax, the AIM listed specialist investor focused on the transition to a more
sustainable economy, today provides an update on the development of its assets
under discretionary and advisory management ("AUM") for the fourth and final
quarter of its financial year.

 

On 30 September 2022, the Company's AUM totalled £35.7 billion, an increase
of 3.3% for the quarter, which included net inflows of £606 million for the
quarter. Over the 12 months of the Company's full financial year, despite
total net inflows of £2.9 billion, the Company's AUM fell by 4.1%.

 

Ian Simm, Chief Executive, commented:

"Despite weak market sentiment, fuelled by rising inflation and geopolitical
instability, Impax has continued to attract new business, recording positive
net inflows in the second half of the financial year to 30 September,
including in the most recent financial quarter, with notable progress in the
United States and Asia-Pacific regions.

 

"Asset owners continue to be attracted to Impax's focus on the transition to a
more sustainable economy, which includes renewable energy, energy efficiency,
water and digital infrastructure, sectors that are responding positively to
both near term and longer horizon economic trends."

 

Figure 1 below sets out further details of the movements in the Company's AUM
for the quarter ended 30 September 2022. Figure 2 shows the same breakdown for
the full financial year ended 30 September 2022.

 

Figure 1: Movements in the Company's AUM for the quarter ended 30 September
2022.

 

 AUM movement                         Listed equities  Fixed    Private   Total firm

 3 months to                                           income   markets

 30 September 2022
                                      £m               £m       £m        £m
 Total AUM at                         32,787           1,274    490       34,551

 30 June 2022

 Net flows                            577              7        22        606
 Market movement, FX and performance  436              73       8         518
 Total AUM at                         33,801           1,354    521       35,676

 30 September 2022

 

Figure 2: Movements in the Company's AUM for the full year ended 30 September
2022.

 

 AUM movement                         Listed equities  Fixed    Private   Total firm

 FY to                                                 income   markets

 30 September 2022
                                      £m               £m       £m        £m
 Total AUM at                         35,637           1,257    318       37,211

 30 September 2021

 Net flows                            2,634            62       191       2,887
 Market movement, FX and performance  (4,470)          35       12        (4,423)
 Total AUM at                         33,801           1,354    521       35,676

 30 September 2022

 

 

LEI number: 213800AJDNW4S2B7E680

 

- Ends -

 

Enquiries:

 

 Impax Asset Management Group plc

 Ian Simm, Chief Executive                              +44 (0)20 3912 3000

 Paul French, Head of Corporate Communications          +44 (0)20 3912 3032

 Montfort Communications

 Gay Collins                                            +44 (0)77 9862 6282

 Jack Roddan                                            +44 (0)78 2567 0695

 impax@montfort.london (mailto:impax@montfort.london)

 Peel Hunt LLP, Nominated Adviser and Joint Broker

 James Britton or Paul Shackleton                       +44 (0)20 7418 8900

 Berenberg, Joint Broker

 Alex Reynolds                                          +44 (0)20 3207 7800

 

Notes to Editors - About Impax Asset Management

 

Founded in 1998, Impax is a specialist asset manager, with approximately
£35.7 billion as of 30 September 2022 in both listed and private markets
strategies, investing in the opportunities arising from the transition to a
more sustainable global economy.

 

Impax believes that capital markets will be shaped profoundly by global
sustainability challenges, including climate change, pollution and essential
investments in human capital, infrastructure and resource efficiency. Impax
believes that these trends will drive growth for well-positioned companies and
create risks for those unable or unwilling to adapt.

 

The company seeks to invest in higher quality companies with strong business
models that demonstrate sound management of risk. Impax offers a well-rounded
suite of investment solutions spanning multiple asset classes seeking superior
risk-adjusted returns over the medium to long term.

 

Impax has ca. 260 staff across its offices in the United Kingdom, the United
States, Ireland and Hong Kong, making it one of the investment management
sector's largest investment teams dedicated to sustainable development.

 

For further information please visit www.impaxam.com (http://www.impaxam.com)

 

Issued in the UK by Impax Asset Management Group plc, whose shares are quoted
on the Alternative Investment Market of the London Stock Exchange.  Impax
Asset Management Group plc is registered in England & Wales, number
03262305.  AUM relates to Impax Asset Management Limited, Impax Asset
Management (AIFM) Limited, Impax Asset Management Ireland Limited and Impax
Asset Management LLC.  Impax Asset Management Limited and Impax Asset
Management (AIFM) Limited are authorised and regulated by the Financial
Conduct Authority and are wholly owned subsidiaries of Impax Asset Management
Group plc.  Please note that the information provided and links from it
should not be relied upon for investment purposes.

 

 

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