Impax AUM jumps 7% in first quarter

Net inflows healthy despite challenging equity market

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 ...