Impax Asset Management is launching an Asian Environmental Markets investment trust on the main market of the London Stock Exchange.
The fund will aim to offer investors long-term capital growth from environmental stocks in the Asia Pacific region. Impax specialises in equity and infrastructure funds, investing in the efficient energy industry. The trust will be co-managed by Impax MD Bruce Jenkyn-Jones and David Li of Hong Kong-based Ajia Partners. Jenkyn-Jones says: "There are many exciting, undervalued companies in the region that are supplying local environmental markets as well as international demand."
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