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.”