Impax Asset Management Group plc Q3 AUM update (4003F)
July 10 2023 - 1:00AM
UK Regulatory
TIDMIPX
RNS Number : 4003F
Impax Asset Management Group plc
10 July 2023
Impax Asset Management Group plc
("Impax" or the "Company")
Q3 AUM update
Impax, the AIM listed specialist investor focused on the
transition to a more sustainable economy, today provides an update
on the development of its assets under discretionary and advisory
management ("AUM") for the third quarter of its financial year.
On 30 June 2023, the Company's AUM totalled GBP39.7 billion, an
increase of 2.2% over the month but a fall of 1.0% over the
three-month period since 1 April 2023.
Ian Simm, Chief Executive, commented:
"Although market conditions remain challenging for many asset
managers, Impax's specialist focus on the transition to a more
sustainable global economy continues to present compelling
investment opportunities.
"We're maintaining our focus on resilient, well-managed
companies in high growth areas such as renewable power generation,
resource efficiency, infrastructure and social markets.
"In parallel, we're sustaining efforts to ensure that our
operating model is efficient and scalable so that we're optimally
positioned for future success."
The table below sets out further details of the movements in the
Company's AUM for the quarter ended 30 June 2023.
AUM movement Listed Fixed Private Total
3 months to equities income markets firm
30 June 2023
GBPm GBPm GBPm GBPm
--------------------- ---------- -------- --------- -------
Total AUM at
31 March 2023 38,266 1,304 545 40,115
Net flows (316) (5) 6 (315)
Market movement,
FX and performance (30) (41) (12) (83)
--------------------- ---------- -------- --------- -------
Total AUM at
30 June 2023 37,920 1,258 539 39,717
LEI number: 213800AJDNW4S2B7E680
- Ends -
Enquiries:
Impax Asset Management Group plc
Ian Simm, Chief Executive +44 (0)20 3912 3000
Paul French, Head of Communications +44 (0)20 3912 3032
Montfort Communications
Gay Collins
Jack Roddan +44 (0)77 9862 6282
impax@montfort.london +44 (0)78 2567 0695
Peel Hunt LLP, Nominated Adviser
and Joint Broker
Paul Shackleton and John Welch +44 (0)20 7418 8900
Berenberg, Joint Broker
Gillian Martin +44 (0)20 3207 7800
About Impax Asset Management
Founded in 1998, Impax is a specialist asset manager, with
approximately GBP39.7 billion as of 30 June 2023 in both listed and
private markets strategies, investing in the opportunities arising
from the transition to a more sustainable global economy.
Impax believes that capital markets will be shaped profoundly by
global sustainability challenges, including climate change,
pollution and essential investments in human capital,
infrastructure and resource efficiency. These trends will drive
growth for well-positioned companies and create risks for those
unable or unwilling to adapt.
The company seeks to invest in higher quality companies with
strong business models that demonstrate sound management of risk.
Impax offers a well-rounded suite of investment solutions spanning
multiple asset classes seeking superior risk-adjusted returns over
the medium to long term.
Impax has approximately 300 employees (1) across its offices in
the United Kingdom, the United States, Ireland, Hong Kong and Japan
making it one of the investment management sector's largest
investment teams dedicated to sustainable development.
www.impaxam.com
(1) Full-time equivalent
Issued in the UK by Impax Asset Management Group plc, whose
shares are quoted on the Alternative Investment Market of the
London Stock Exchange. Impax Asset Management Group plc is
registered in England & Wales, number 03262305. AUM relates to
Impax Asset Management Limited, Impax Asset Management (AIFM)
Limited, Impax Asset Management Ireland Limited and Impax Asset
Management LLC. Impax Asset Management Limited and Impax Asset
Management (AIFM) Limited are authorised and regulated by the
Financial Conduct Authority and are wholly owned subsidiaries of
Impax Asset Management Group plc. Please note that the information
provided on www.impaxam.com and links from it should not be relied
upon for investment purposes.
Impax is trademark of Impax Asset Management Group Plc. Impax is
a registered trademark in the EU, US, Hong Kong and Australia. (c)
Impax Asset Management LLC, Impax Asset Management Limited and/or
Impax Asset Management (Ireland) Limited. All rights reserved.
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