Impax AM launches first Article 9 social equity strategy

'Strong corporate cultures'

Impax Asset Management has launched its first fund focused on social equity investing, the Article 9-classified Global Social Leaders strategy.

The strategy aims to generate long-term capital growth by investing in companies with strong corporate cultures that are responding to long-term, secular and social trends, the firm said.  These include ageing populations, the increased rate of chronic disease, rising income in emerging markets, urbanisation and the impact of transformational technology across financial markets.  CEO Ian Simm told Investment Week about the firm's plans to launch a social themes equity strategy earlier this year.  The Big Interview: Impax CEO on avoiding 'lazy' ESG acronym and doubling assets by 203...