Impax Asset Management Group plc February AUM update

RNS Number : 4255G

Impax Asset Management Group plc

12 March 2024

 

Impax Asset Management Group plc

 

("Impax" or the "Company")

 

February AUM update

 

Ahead of its Annual General Meeting today, Impax provides an update on the development of its assets under discretionary and advisory management ("AUM").

On 29 February 2024, the Company's AUM totalled £39.2 billion, compared to £39.1 billion on 31 December 2023, at the end of the Company's first quarter.

In line with common market practice, Impax has recently moved to providing its regular AUM updates on a quarterly basis. The next regular update will be in April 2024, i.e. covering the second quarter, the period ending on 31 March 2024.

LEI number: 213800AJDNW4S2B7E680

- Ends -

Enquiries:

 

Impax Asset Management Group plc Ian Simm, Chief Executive Paul French, Head of Communications	[phone] [phone]
Montfort Communications Gay Collins Jack Roddan [e-mail]	[phone] [phone]
Peel Hunt LLP, Nominated Adviser and Joint Broker John Welch Dan Webster   Berenberg, Joint Broker James Felix Dan Gee-Summons	[phone]     [phone]

 

About Impax Asset Management

 

Founded in 1998, Impax is a specialist asset manager, with approximately £39.2 billion of 29 February 2024 in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable global economy.

Impax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well-positioned companies and create risks for those unable or unwilling to adapt.

The company seeks to invest in higher quality companies with strong business models that demonstrate sound management of risk. Impax offers a well-rounded suite of investment solutions spanning multiple asset classes seeking superior risk-adjusted returns over the medium to long term.

Impax has approximately 300 employees¹ across its offices in the United Kingdom, the United States, Ireland, Hong Kong and Japan making it one of the investment management sector's largest investment teams dedicated to sustainable development.

www.impaxam.com

 

¹ Full-time equivalent. 

 

Issued in the UK by Impax Asset Management Group plc, whose shares are quoted on the Alternative Investment Market of the London Stock Exchange.  Impax Asset Management Group plc is registered in England & Wales, number 03262305.  AUM relates to Impax Asset Management Limited, Impax Asset Management (AIFM) Limited, Impax Asset Management Ireland Limited and Impax Asset Management LLC.  Impax Asset Management Limited and Impax Asset Management (AIFM) Limited are authorised and regulated by the Financial Conduct Authority and are wholly owned subsidiaries of Impax Asset Management Group plc.  Please note that the information provided on www.impaxam.com and links from it should not be relied upon for investment purposes. 

 

Impax is trademark of Impax Asset Management Group Plc. Impax is a registered trademark in the EU, US, Hong Kong and Australia. © Impax Asset Management LLC, Impax Asset Management Limited and/or Impax Asset Management (Ireland) Limited. All rights reserved.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

TSTDGGDXLDBDGSB