Impax AUM rises 85% in 12 months

Up to £37.2bn

Impax Asset Management’s assets under management (AUM) has almost doubled in the 12 months to the end of September, hitting £37.2bn.

The fourth quarter of 2021 saw assets increase 8% and close to 85% for the 12-month period, according to the firm's latest AUM update. At the end of September 2020, the asset manager's AUM stood at £20.1bn, with the majority held in listed equity products. This grew to £37.2bn by the end of September 2021. Impax grows AUM 25% in a single quarter "There is clear evidence that asset owners globally are increasingly attracted to Impax's investment philosophy focused on the transition to a more sustainable economy," said Impax chief executive, Ian Simm. "Our authenticity and strong bra...