AUM update

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 3 months to 31 March 2022	Listed equities	Fixed income	Private markets	Total firm
	£m	£m	£m	£m
Total AUM at 31 December 2021	39,565	1,309	479	41,353
Net flows	478	(10)	0	468
Market movement, FX and performance	(3,774)	(31)	1	(3,805)
Total AUM at 31 March 2022	36,269	1,268	479	38,016

LEI number: 213800AJDNW4S2B7E680

- Ends -

Enquiries:

Impax Asset Management Group plc Ian Simm, Chief Executive Paul French, Head of Corporate Communications [e-mail]	[phone] [phone]
Montfort Communications Gay Collins Louis Supple [e-mail]	[phone] [phone]
Peel Hunt LLP, Nominated Adviser and Joint Broker James Britton or Rishi Shah	[phone]
Berenberg , Joint Broker Alex Reynolds	[phone]

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  

For further information please visit 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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