Impax AUM jumps 7% in first quarter

Net inflows healthy despite challenging equity market

clock • 1 min read

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 ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Generative AI expands into investment processes but fails to replace fund managers

Generative AI expands into investment processes but fails to replace fund managers

‘We are cautious about the hype’

Sorin Dojan
clock 29 November 2024 • 4 min read
Stories of the Week: FCA urged to adopt reforms; US economy expands by 2.8%; UK watchdog delivers plans to regulate cryptocurrency

Stories of the Week: FCA urged to adopt reforms; US economy expands by 2.8%; UK watchdog delivers plans to regulate cryptocurrency

FCA, US economy and cryptocurrency regulation: The biggest stories from the world of investment and asset management this week

clock 29 November 2024 • 1 min read
Partner Insight: T. Rowe Price's 2025 Global Market Outlook

Partner Insight: T. Rowe Price's 2025 Global Market Outlook

T. Rowe Price's team of experts share their thoughts on investing during a global transition.

T. Rowe Price
clock 28 November 2024 • 2 min read
Trustpilot