Impax AUM up 84.4% as it surpasses £37bn

Net inflows reached £10.7bn

Impax Asset Management's assets under management are up almost 85% for the year ending September 30, 2021, reaching £37.2bn.

According to the firm's final results, by October AUM had increased further to £38.9bn. During the full year period, net inflows hit £10.7bn , while the company's revenue increased 63.5% to £143.1m.  Pre-tax profits also increased, rising 173.7% to £45.7m and the company has proposed a final dividend of 17p per share.  Impax inflows more than double to £3.5bn during 'outstanding' year Sally Bridgeland, chair of Impax AM, said: "Against any measure this has been an excellent year for the Company. We have expanded to ensure that we have the necessary resources to match ever-increasin...