Impax to relaunch Leaders strategy as standalone fund

Previously available in the UK through OMGI

Impax Asset Management is planning to offer UK investors access to its Leaders strategy through a new UCITS vehicle.

The strategy was previously only available in the UK via the £77m OMGI Ethical fund, but OMGI announced this morning it would be switching the sub-advisory mandate for this product from Impax to Quilter Cheviot.  This move will take place on 1 December and the fund will then be managed by Quilter Cheviot's Claudia Quiroz and William Buckhurst. Meanwhile, Impax is now in the final stages of launching the strategy under the company's existing Irish UCITS umbrella. What are the best ethical opportunities? The long-only, all-cap global equity strategy invests in the resources effici...