Impax Asset Management Group plc Q3 AUM update (3716E)
07 July 2021 - 4:00PM
UK Regulatory
TIDMIPX
RNS Number : 3716E
Impax Asset Management Group plc
07 July 2021
Impax Asset Management Group plc
("Impax" or the "Company")
Q3 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 third quarter of its financial year.
On 30 June 2021, the Company's AUM reached GBP34.4 billion,
representing an increase of 14.8% for the quarter and 70.7% for the
financial year to date.
Ian Simm, Chief Executive, commented:
"This has been another strong quarter for Impax, with sustained
client demand driving net inflows of GBP2.3 billion. Over the three
months to the end of June, assets under management rose nearly 15
per cent, reaching GBP34.4 billion.
"Asset owner interest in the transition to a more sustainable
economy continues to build. As an authentic, specialist investor
with global reach, Impax has a strong foundation for further
expansion."
The table below sets out further details of the movements in the
Company's AUM for the quarter ended 30 June 2021.
AUM movement Listed equities Fixed Private Total
3 months to income markets firm
30 June 2021
GBPm GBPm GBPm GBPm
--------------------- ---------------- -------- --------- -------
Total AUM at
31 March 2021 28,636 1,015 348 29,999
Net flows 2,195 123 1 2,319
Market movement,
FX and performance 2,104 22 3 2,129
--------------------- ---------------- -------- --------- -------
Total AUM at
30 June 2021 32,935 1,160 352 34,447
LEI number: 213800AJDNW4S2B7E680
- Ends -
Enquiries:
Impax Asset Management Group plc
Ian Simm, Chief Executive
Paul French, Director of Communications +44 (0)20 3912 3000
p.french@impaxam.com +44 (0)20 3912 3032
Montfort Communications
Gay Collins
Louis Supple +44 (0)77 9862 6282
impax@montfort.london +44 (0)77 3943 0102
Peel Hunt LLP, Nominated Adviser
and Joint Broker
James Britton or Rishi Shah +44 (0)20 7418 8900
Berenberg , Joint Broker
Alex Reynolds or James White +44 (0)20 3207 7800
Notes to Editors - About Impax Asset Management
Founded in 1998, Impax is a specialist asset manager, with
GBP34.4bn / US$47.6bn as of 30 June 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. 200 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
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 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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