We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Impax Asset Management Group Plc | LSE:IPX | London | Ordinary Share | GB0004905260 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-11.50 | -2.49% | 449.50 | 447.50 | 451.00 | 463.00 | 449.50 | 461.50 | 135,223 | 14:45:20 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investment Advice | 178.64M | 39.22M | 0.3057 | 14.74 | 578.09M |
TIDMIPX
RNS Number : 5015K
Impax Asset Management Group plc
10 July 2017
Impax Asset Management Group plc - Q3 2017 AUM update
London, 10 July 2017 - Impax Asset Management Group plc ("Impax" or the "Company"), the AIM quoted investment manager, today provides an update of the development of its assets under discretionary and advisory management ("AUM") in the third quarter of its financial year.
On 30 June 2017, AUM totalled GBP6.7 billion, representing an increase of 17% over the quarter and a 48% increase since the start of the Company's financial year on 1 October 2016.
Ian Simm, Chief Executive, commented:
"I am pleased to report Impax's tenth consecutive quarter of net inflows and another new record AUM for the company. We continue to see strong flows from Continental European investors into all our major strategies and significant allocations from North America."
"Investor interest in the markets in which Impax invests looks set to continue its upward trajectory over the longer-term. Even President's Trump's announcement to withdraw the US from the Paris Climate Agreement has done little to dent investor enthusiasm for investments in companies that provide solutions to environmental challenges. Furthermore, the recommendations outlined in last month's Task Force on Climate-related Financial Disclosures should help investors identify not only the climate-related risks in their portfolios, but also the opportunities for strong growth in sectors that are well-positioned to benefit in a lower carbon economy."
The table below sets out further details of the movements in the Company's AUM for the quarter ended 30 June 2017.
AUM movement Listed Private Property Total 3 months to Equity Equity funds 30 June 2017 funds funds GBPm GBPm GBPm GBPm --------------------- -------- -------- --------- -------- Total AUM at 31 March 2017 5,314 375 22 5,711 --------------------- -------- -------- --------- -------- Net inflows 791 40 - 831 --------------------- -------- -------- --------- -------- Market movement, FX and performance 131 10 - 141 --------------------- -------- -------- --------- -------- Total AUM at 30 June 2017 6,236 424 22 6,683 --------------------- -------- -------- --------- --------
Enquiries:
Ian Simm, Chief Executive Tel: + 44 (0) 20 7434 1122 (switchboard)
Charlie Ridge, Chief Financial Officer Tel: +44 (0) 7747 018987 (mobile)
Impax Asset Management Group plc
www.impaxam.com
Guy Wiehahn or Rishi Shah Tel: +44 (0) 20 7418 8900
Nominated Adviser
Peel Hunt LLP
Notes to Editors - About Impax Asset Management
Impax Asset Management manages or advises on approximately GBP6.7 bn(1) in both listed and private equity strategies primarily for institutional clients.
The Company's investments are based on the strong conviction that population dynamics, resource scarcity, inadequate infrastructure and environmental constraints will profoundly shape global markets, creating investment risks and opportunities. Impax expects that these trends, reflecting the transition towards a more sustainable global economy, will drive earnings growth for well-positioned companies. Impax's proprietary investment framework identifies and calibrates the rising risks and expanding opportunities from this transition, and guides the search for investments that will deliver long term outperformance.
(1) As of 30 June 2017
Issued in the UK by Impax Asset Management Group plc, whose shares are quoted on AIM. Impax Asset Management Group plc is registered in England & Wales, number 03262305. AUM relates to Impax Asset Management Limited and Impax Asset Management (AIFM) Limited. Both companies 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 and links from it should not be relied upon for investment purposes. For further information please visit www.impaxam.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUGUQGMUPMGAM
(END) Dow Jones Newswires
July 10, 2017 02:00 ET (06:00 GMT)
1 Year Impax Asset Management Chart |
1 Month Impax Asset Management Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions