Sustainable investment specialist Impax Asset Management has enjoyed net inflows of £1.4bn during a year which has seen "unprecedented concern globally about environmental issues".
Over 12 months to 30 September, the firm has increased assets under management (AUM) by 21% to £15.1bn thanks to strong inflows into the majority of its products, including segregated mandates. The two months to the end of November saw additional net inflows of £500m, contributing to AUM rising to £15.7bn. However, the majority of the inflows were taken in by the group's listed equities products, while fixed income, smart-beta and US equities saw net outflows of £251m over the period. The group said flows into Pax World Funds, which it acquired along with Pax World Management in 20...
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