Impax AUM jumps 7% in first quarter

Net inflows healthy despite challenging equity market

clock • 1 min read

Specialist asset manager Impax saw its assets under management increase 7% over the last quarter to £16.1bn.

The AIM-listed investor, which focuses on sustainable investments, said the first quarter of its financial year (to 31 December 2109) continued to see strong inflows of capital, despite a challenging environment for equity markets. Total new inflows over the quarter stood at £771m. Impax reports £1.4bn inflows amid 'unprecedented' environmental awareness Ian Simm, founder and chief executive, of Impax, said: "The commitment of policy makers, the business community and wider civil society to combatting climate change, reducing pollution and forging a path towards a more sustainable ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Stories of the Week: Home REIT;  Woodford resurfaces; Hipgnosis Songs Fund agrees sale

Stories of the Week: Home REIT; Woodford resurfaces; Hipgnosis Songs Fund agrees sale

Home REIT; Woodford; Hipgnosis: The biggest stories from the world of investment and asset management this week

Sarka Halas
clock 19 April 2024 • 1 min read
Stories of the Week: Shareholders approve LGIM property fund restructure; FCA issues warning notice to Neil Woodford; US inflation spike

Stories of the Week: Shareholders approve LGIM property fund restructure; FCA issues warning notice to Neil Woodford; US inflation spike

LGIM; FCA; US inflation: The biggest stories from the world of investment and asset management this week

Sarka Halas
clock 12 April 2024 • 1 min read
Partner Insight: Is there opportunity for high yield in today's new economic era?

Partner Insight: Is there opportunity for high yield in today's new economic era?

High-yield investors face a challenging backdrop, but attractive opportunities are starting to emerge amid the ongoing uncertainty, says Wellington Management’s Konstantin Leidman.

Sarka Halas
clock 09 April 2024 • 2 min read
Trustpilot