REG - Impax Asset Mgmnt - AUM update

Impax Asset ManagementAnnouncement

07/04/2022 07:00

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RNS Number : 5455H  Impax Asset Management Group plc  07 April 2022

Impax Asset Management Group plc

 

("Impax" or the "Company")

 

Q2 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 second quarter of its
financial

year.

 

On 31 March 2022, the Company's AUM reached £38.0 billion, representing a
decrease of 8.1% for the quarter.

 

Ian Simm, Chief Executive, commented:

 

"Despite market headwinds, Impax has seen positive net flows over the recent
financial quarter.

 

"Companies whose business plans are aligned with a more sustainable economy
should continue to offer compelling opportunities for investors. In
particular, Russia's invasion of Ukraine and the recent sobering reports from
the Intergovernmental Panel on Climate Change have reinforced the drivers
behind many of the markets in which Impax invests, particularly renewable
power generation, zero-emissions transportation and resource efficiency.

 

"Our investment approach, with careful attention to risk and a focus on
quality companies, is attractive to asset owners that are seeking to build
robust portfolios in this area."

 

The table below sets out further details of the movements in the Company's AUM
for the quarter ended 31 March 2022.

 

 AUM movement                         Listed equities  Fixed    Private   Total firm

 3 months to                                           income   markets

 31 March 2022
                                      £m               £m       £m        £m
 Total AUM at                         39,565           1,309    479       41,353

 31 December 2021

 Net flows                            478              (10)     0         468
 Market movement, FX and performance  (3,774)          (31)     1         (3,805)
 Total AUM at                         36,269           1,268    479       38,016

 31 March 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

 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 £38.0 billion as
of 31 March 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. 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 employees 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, 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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