REG - Impax Asset Mgmnt - Q1 AUM update

Impax Asset ManagementAnnouncement

09/01/2023 07:00

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RNS Number : 0050M  Impax Asset Management Group plc  09 January 2023

Impax Asset Management Group plc

 

("Impax" or the "Company")

 

Q1 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 first quarter of
its financial year.

 

On 31 December 2022, the Company's AUM totalled £37.9 billion, an increase of
6.4% for the quarter, which included net inflows of £797 million.

 

Ian Simm, Chief Executive, commented:

 

"Although inflation and geopolitical tensions continue to weigh on market
sentiment, Impax has delivered a robust quarter, recording positive net
inflows and AUM growth during the period.  The company's focus on investing
in resilient businesses that are well positioned to benefit from the
transition to a more sustainable economy continues to appeal to asset owners
and their advisers globally."

 

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

 

 AUM movement                         Listed equities  Fixed    Private   Total firm

 3 months to                                           income   markets

 31 December 2022
                                      £m               £m       £m        £m
 Total AUM at                         33,801           1,354    521       35,676

 30 September 2022

 Net flows                            765              15       17        797
 Market movement, FX and performance  1,539            (73)     5         1,471
 Total AUM at                         36,105           1,296    543       37,944

 31 December 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

 Jack Roddan                                            +44 (0)77 9862 6282

 impax@montfort.london (mailto:impax@montfort.london)   +44 (0)78 2567 0695

 Peel Hunt LLP, Nominated Adviser and Joint Broker

 Paul Shackleton or John Welch                          +44 (0)20 7418 8900

 Berenberg, Joint Broker

 Gillian Martin                                         +44 (0)20 3207 7800

 

 

 

 

Notes to Editors - About Impax Asset Management

 

Founded in 1998, Impax is a specialist asset manager, with approximately
£37.9 billion as of 31 December 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 approximately 280 employees 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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