Source - LSE Regulatory
RNS Number : 2749O
Impax Asset Management Group plc
07 October 2021
 

 

Impax Asset Management Group plc

 

("Impax" or the "Company")

 

Q4 AUM update


Impax, 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 fourth and final quarter of its financial year.

 

On 30 September 2021, the Company's AUM reached £37.2 billion, representing an increase of 8.0% for the quarter and 84.3% for the 12 months of the Company's financial year.

 

Ian Simm, Chief Executive, commented:

"Impax has enjoyed another year of exceptional growth, with record net inflows of over £10 billion helping the Company's AUM to increase by 84.3% to £37.2 billion. I am proud of the way the team has continued to adapt to the challenges of the past 12 months and has delivered an outstanding service to our clients.

 

"There is clear evidence that asset owners globally are increasingly attracted to Impax's investment philosophy focused on the transition to a more sustainable economy. Our authenticity and strong brand have helped us to stand out from the crowd, while our global distribution capabilities continue to position us well for further success."

 

Figure 1 below sets out further details of the movements in the Company's AUM for the quarter ended 30 September 2021. Figure 2 shows the same breakdown for the full financial year ended 30 September 2021.

 

Figure 1: Movements in the Company's AUM for the quarter ended 30 September 2021

 

AUM movement

3 months to

30 September 2021

Listed equities

Fixed

income

Private

markets

Total firm


£m

£m

£m

£m

Total AUM at

30 June 2021

 

32,935

1,161

352

34,448

Net flows

1,519

62

(35)

1,546

Market movement, FX and performance

1,182

34

1

1,217

Total AUM at

30 September 2021

35,636

1,257

318

37,211

 

Figure 2: Movements in the Company's AUM for the full year ended 30 September 2021

 

AUM movement

12 months to

30 September 2021

Listed equities

Fixed

income

Private

markets

Total firm


£m

£m

£m

£m

Total AUM at

30 September 2020

 

18,865

947

371

20,183

Net flows

10,387

322

(34)

10,676

Market movement, FX and performance

6,385

(12)

(20)

6,353

Total AUM at

30 September 2021

35,636

1,257

318

37,211

 

 

 

 

LEI number: 213800AJDNW4S2B7E680

- Ends -

 

 

Enquiries:

 

Impax Asset Management Group plc

Ian Simm, Chief Executive

Paul French, Director of Communications

p.french@impaxam.com

 

 

+44 (0)20 3912 3000

+44 (0)20 3912 3032

Montfort Communications

Gay Collins

Louis Supple

impax@montfort.london

 

 

+44 (0)77 9862 6282

+44 (0)77 3943 0102

Peel Hunt LLP, Nominated Adviser and Joint Broker

James Britton or Rishi Shah

 

+44 (0)20 7418 8900

 

Berenberg, Joint Broker

Alex Reynolds

 

 

+44 (0)20 3207 7800

 

 

Notes to Editors - About Impax Asset Management

 

Founded in 1998, Impax is a specialist asset manager, with £37.2bn / US$ 50.1bn as of 30 September 2021 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 ca. 200 staff across six offices in the United Kingdom, the United States, Ireland and Hong Kong, making it one of the investment management sector's largest investment teams dedicated to sustainable development.

 

www.impaxam.com 

 

For further information please visit www.impaxam.com.

 

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 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 and links from it should not be relied upon for investment purposes. 

 

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