Impax Asset Management’s assets under management rose 11.1% to top £40bn for the first time during the quarter ended 31 December 2021.
The AIM-listed specialist investor reported that its AUM reached £41.4bn, up from £37.2bn at the end of September. Total AUM in listed equities increased to £39.6bn, boosted by net flows of £1.8bn, while market movement, FX and performance added £2.2bn. Fixed income saw net flows of £58m, while private markets attracted £167m in net flows. Impax AUM up 84.4% as it surpasses £37bn Ian Simm, chief executive of Impax, said that the firm had delivered "another quarter of strong growth". "Post the COP26 climate conference, the direction of travel towards a low-carbon economy is mu...
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