Impax Asset Management Share Discussion Threads

[mrzed1] 03/5/2021 03:11

building a massively expanded zero-carbon electricity system in every region of the worldhttp://ow.ly/pI3n50EyMe0

[dan hol] 28/4/2021 14:56

We got there. Big respect to Messrs Jenkyn-Jones, Keefe and the mighty Simm. Next up, the push to 100bn AUM!

[yogi] 28/4/2021 13:51

Teetering on break through of £10 point. Thought we would have to wait until a strong April AUM report but maybe not..

[tomps2] 16/4/2021 10:08

Impax Asset Management (IPX) mentioned at 35:10 in the latest Piworld Interview by Rosemary Banyard, which she holds in her VT Downing Unique Opportunities Fund. Watch the Video here: Https://www.piworld.co.uk/2021/04/16/a-piworld-interview-rosemary-banyard-launching-a-fund-during-covid19/ Or Listen to the podcast version here: Https://piworld.podbean.com/e/a-piworld-interview-rosemary-banyard-launching-a-fund-during-covid19/

[dan hol] 12/4/2021 17:19

also checkout regulatory news on IPX website today - 2 new distribution agreements in NZ and Australia.

[edmonda] 12/4/2021 14:06

AUM up a stunning 49% in H1 and net inflows were particularly impressive. Equity Development publish update research note and see no let up in capital flows towards sustainable investing. IPX is now ahead of the AUM growth trajectory (£50-55bn by 2025) that underpins their current fundamental valuation of 925p per share. Forecasts to be updated after results in June. Read full note here : https://www.equitydevelopment.co.uk/research/another-surge-in-aum-outlook-remains-positive

[topvest] 09/4/2021 21:04

Impressive indeed. This is my best ever performing share. 20 bagger territory. I've top sliced 2/3rds on the way up though. £50 billion AUM is starting to look realistic in the medium term.

[dan hol] 09/4/2021 20:14

For sure. And given this last month wasn’t great for the market in general even more impressive. Can only assume New Hampshire office properly kicking in.

[yogi] 09/4/2021 19:42

Quite a day - highest quarterly inflows ever I believe..?

[dan hol] 09/4/2021 09:20

And still in the foothills...

[sirrux] 09/4/2021 08:33

In the US they'd call this a monster, in the UK it's oh that's interesting, haha.

[yogi] 09/4/2021 08:07

4.0 Bn cash inflows nonetheless:)

[mammyoko] 09/4/2021 07:59

3% market movement in a raging bull market?

[yogi] 09/4/2021 07:55

WOW! Interesting to see reaction today....Q2 AUM updateImpax, the AIM listed specialist investor focused on a more sustainable economy, today provides an update on the development of its assets under discretionary and advisory management ("AUM") for the second quarter of its financial year.On 31 March 2021, the Company's AUM reached GBP30.0 billion, representing an increase of 19.0% for the quarter and 48.6% for the financial year to date.Ian Simm, Chief Executive, commented:"I am pleased to report that Impax has again delivered another quarter of exceptional growth, with our AUM reaching GBP30 billion for the first time. Net flows for the three months to the end of March were a record GBP4.0 billion as we converted rising client demand into new business. Over the first half of our financial year we have increased our AUM by almost 50 per cent."This quarter we also completed the integration of our New Hampshire-based team, who joined us in 2018 following the acquisition of Pax World Management LLC. Combining the two businesses has already delivered significant growth for the Group. We are positioning ourselves for further expansion by adding to our research resources, extending our distribution and client service capabilities, and further strengthening our support teams."We have been encouraged that, even during a pandemic, the public, policymakers and businesses have continued to pay attention to the sustainability themes that underpin our investment thesis. Looking ahead, the landmark COP26 climate talks in November and the policies of the Biden Presidency in the United States are likely to accelerate the transition to a more sustainable economy."Addressing economic and social challenges will continue to create enormous opportunities for the well-positioned companies that Impax is seeking to back. In particular, we expect to see rapidly rising support among governments for the build out of assets that will underpin a low carbon economy."The table below sets out further details of the movements in the Company's AUM for the quarter ended 31 March 2021. AUM movement Listed equities Fixed Private Total 3 months to income markets firm 31 March 2021 GBPm GBPm GBPm GBPm --------------------- ---------------- -------- --------- ------- Total AUM at 31 December 2020 23,873 973 366 25,212 Net flows 3,898 76 - 3,974 Market movement, FX and performance 865 (34) (17) 813 --------------------- ---------------- -------- --------- ------- Total AUM at 31 March 2021 28,636 1,015 348 29,999

[edmonda] 26/3/2021 15:03

ESG: a 'must watch' video for company Directors and investors alike. Lisa Beauvilain Head of Sustainable and ESG Investing at Impax joins Brij Malkan CEO of Rebalance; Ben Stocks CEO of Porvair; Tim Ward CEO of the QCA - they all discuss 'From good intentions to real change' for 1 hour here: https://www.equitydevelopment.co.uk/research/esg-from-good-intentions

[melody9999] 21/3/2021 23:34

Not really a chartist but looking like the clearest head and shoulders I have seen in some time. Onwards and upwards from here.

[dan hol] 18/3/2021 11:05

Just another day at the office hxxps://citywire.co.uk/wealth-manager/news/impax-wins-133m-australian-pension-mandate/a1482368

[dan hol] 08/3/2021 09:21

You got it Yogi. We are barely at the foothills.

[yogi] 07/3/2021 22:17

Dan, £27,696m AUM certainly is a great result with the way the markets have been in February. Some further share price consolidation in the £7-£8 range will provide a good foundation for the rest of the year as the environmental/green agenda continues to gather momentum..

[dan hol] 06/3/2021 14:39

So another 882m AUM in the bag for Feb. Quite something, not least in a turbulent wider market, and already as good as hitting the 28bn target Peel Hunt had set for end of Sept. Go IPX.

[daijavu] 24/2/2021 11:35

Might have done. I've been here before.

[mach100] 15/2/2021 09:04

Daijavu have we met before?? Something very familiar about you tbh.

[daijavu] 15/2/2021 09:01

This is not my biggest holding but it is my best performing.

[dan hol] 10/2/2021 12:24

another good mandate hxxps://www.institutionalassetmanager.co.uk/2021/02/10/295688/impax-selected-run-newly-launched-ferique-global-sustainable-development-equity

[yogi] 09/2/2021 22:07

Strong finish today on a high volume- maybe a delayed reaction to AUM increase....