Impax Asset Management Group plc AUM update (9855B)
April 10 2017 - 1:00AM
UK Regulatory
TIDMIPX
RNS Number : 9855B
Impax Asset Management Group plc
10 April 2017
Impax Asset Management Group plc - Q2 2017 AUM update
London, 10 April 2017 - Impax Asset Management Group plc
("Impax" or the "Company"), the AIM quoted investment manager
focused on environmental markets and related resource efficiency
sectors, today provides an update of the development of its assets
under discretionary and advisory management ("AUM") in the second
quarter of its financial year.
On 31 March 2017 AUM reached a new peak of GBP5,711 million,
representing an increase of 13% over the quarter and 27% increase
on year end.
Ian Simm, Chief Executive, commented:
"We are seeing sustained interest from investors in many
countries who are looking to access superior expected returns. With
the Company's assets under management exceeding GBP5 billion, we
continue to scale existing products across both listed equities and
real assets, while also considering the development of our product
range in response to client interest."
The table below sets out further details of the movements in the
Company's AUM for the quarter ended 31 March 2017.
AUM movement Listed Private Property Total
3 months to Equity Equity funds
31 March 2017 funds funds
GBPm GBPm
GBPm GBPm
------------------ -------- -------- --------- ------
Total AUM
at
1 January
2017 4,627 411 22 5,060
------------------ -------- -------- --------- ------
Net inflows 428 (37)(1) - 391
------------------ -------- -------- --------- ------
Market movement
and performance 259 1 - 260
------------------ -------- -------- --------- ------
Total AUM
at
31 March 2017 5,314 375 22 5,711
------------------ -------- -------- --------- ------
(1) exits completed from second private equity fund
Enquiries:
Ian Simm Tel: + 44 (0) 20 7434 1122 (switchboard)
Chief Executive
Impax Asset Management Group plc
www.impaxam.com
Anne Gilding Tel: +44 (0) 20 7434 1122 (switchboard)
Head of Brand & Communications Tel: +44 (0) 20 7432 2602
(direct)
Impax Asset Management Group plc Tel: +44 (0) 7881 249612
(mobile)
www.impaxam.com Email: a.gilding@impaxam.com
Guy Wiehahn or Rishi Shah Tel: +44 (0) 20 7418 8900
Nominated Adviser
Peel Hunt LLP
Notes to Editors - About Impax Asset Management
Impax Asset Management is a leading investment firm, managing or
advising on approximately GBP5.7bn(1) primarily for institutional
clients through both listed and private equity strategies.
The Company's investments are based on the strong conviction
that population dynamics, resource scarcity, inadequate
infrastructure and environmental constraints will profoundly shape
global markets, creating investment risks and opportunities. Impax
expects that these trends, reflecting the transition towards a more
sustainable global economy, will drive earnings growth for
well-positioned companies. Impax's proprietary investment framework
identifies and calibrates the rising risks and expanding
opportunities from this transition, and guides the search for
investments that will deliver long term outperformance.
(1) As of 31 March 2017
Issued in the UK by Impax Asset Management Group plc, whose
shares are quoted on AIM. Impax Asset Management Group plc is
registered in England & Wales, number 03262305. AUM relates to
Impax Asset Management Limited and Impax Asset Management (AIFM)
Limited. Both companies 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 and links from it should not be relied upon for investment
purposes. For further information please visit www.impaxam.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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