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RNS Number : 8868X Impax Asset Management Group plc 10 January 2022
Impax Asset Management Group plc
("Impax" or the "Company")
Q1 AUM update
Impax, the AIM listed specialist investor focused on a more sustainable
economy, today provides an update on the development of its assets under
discretionary and advisory management ("AUM") for the first quarter of its
financial
year.
On 31 December 2021, the Company's AUM reached £41.4 billion, representing an
increase of 11.1% for the quarter.
Ian Simm, Chief Executive, commented:
"Impax has delivered another quarter of strong growth, with AUM expanding by
11.1% over the quarter to exceed £40 billion for the first time. Post the
COP26 climate conference, the direction of travel towards a low-carbon economy
is much clearer. Identifying the corporate winners and losers will, however,
continue to require expertise and investment discipline. Against this
backdrop, we are confident that Impax's focus on investing in the
opportunities arising from this transition will remain attractive to asset
owners and their advisers."
The table below sets out further details of the movements in the Company's AUM
for the quarter ended 31 December
2021.
AUM movement Listed equities Fixed Private Total firm
3 months to income markets
31 December 2021
£m £m £m £m
Total AUM at 35,636 1,257 318 37,211
30 September 2021
Net flows 1,778 58 167 2,003
Market movement, FX and performance 2,150 (5) (7) 2,138
Total AUM at 39,564 1,309 478 41,351
31 December 2021
LEI number: 213800AJDNW4S2B7E680
- Ends -
Enquiries:
Impax Asset Management Group plc
Ian Simm, Chief Executive +44 (0)20 3912 3000
Paul French, Director of Communications +44 (0)20 3912 3032
p.french@impaxam.com (mailto:p.french@impaxam.com)
Montfort Communications
Gay Collins +44 (0)77 9862 6282
Louis Supple +44 (0)77 3943 0102
impax@montfort.london (mailto:impax@montfort.london)
Peel Hunt LLP, Nominated Adviser and Joint Broker
James Britton or Rishi Shah +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 £41.4 billion as
of 31 December 2021 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. 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. 220 staff across six 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.
www.impaxam.com
(https://urldefense.proofpoint.com/v2/url?u=http-3A__www.impaxam.com&d=DwQFAw&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=v5u_ign-x4obpQGVppVuyta9kTAFtmS1CnnqmBVO3HM&m=GuMT3Jqd1jVk3Xt7wuFJUmYGQPDeQGnghIZUDs9iqaA&s=1QFHojBT9jKKLjAREJME-lbPJ-X14MZRvG3qxT39mT0&e=)
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 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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