Impax Asset Management has recorded its tenth consecutive quarter of net inflows in the three months to 30 June with Ian Simm, CEO of Impax, pointing to strong inflows into North America despite US President Donald Trump's decision to withdraw from the Paris Climate Agreement.
The environmental investment specialist also saw its assets under management (AUM) increase 17% over the quarter bringing the total to £6.7bn. The firm saw net inflows of £791m into its listed equity funds and £40m into private equity funds while property funds remained neutral. Impax AUM tops £6bn Simm (pictured) said the main flows had come from continental European investors with flows going into all the major strategies and mainly into North America. This was despite Trump's decision to follow through on his campaign promise to withdraw from the Paris Climate Change Agreeme...
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