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
|
+44 (0)20 3912 3000 +44 (0)20 3912 3032 |
| Montfort Communications Gay Collins Louis Supple
|
+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.
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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