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Impax Asset Management Group plc reported its assets under management (AUM) totalled £39.2 billion on 29 February 2024. This compares to £39.1 billion on 31 December 2023, and the company has transitioned to providing regular AUM updates on a quarterly basis.
| Date | 12 Mar 2024 |
| Time | 07:00:06 |
| Category | Trading updates |
| ID | 4255G |
Impax Asset Management Group plc
("Impax" or the "Company")
February AUM update
Ahead of its Annual General Meeting today, Impax provides an update on the development of its assets under discretionary and advisory management ("AUM").
On 29 February 2024, the Company's AUM totalled £39.2 billion, compared to £39.1 billion on 31 December 2023, at the end of the Company's first quarter.
In line with common market practice, Impax has recently moved to providing its regular AUM updates on a quarterly basis. The next regular update will be in April 2024, i.e. covering the second quarter, the period ending on 31 March 2024.
LEI number: 213800AJDNW4S2B7E680
- Ends -
Enquiries:
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Impax Asset Management Group plc Ian Simm, Chief Executive Paul French, Head of Communications
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+44 (0)20 3912 3000 +44 (0)20 3912 3032 |
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Montfort Communications Gay Collins Jack Roddan
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+44 (0)77 9862 6282 +44 (0)78 2567 0695 |
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Peel Hunt LLP, Nominated Adviser and Joint Broker John Welch Dan Webster
Berenberg, Joint Broker James Felix Dan Gee-Summons |
+44 (0)20 7418 8900
+44 (0)20 3207 7800 |
About Impax Asset Management
Founded in 1998, Impax is a specialist asset manager, with approximately £39.2 billion of 29 February 2024 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 approximately 300 employees1 across its offices in the United Kingdom, the United States, Ireland, Hong Kong and Japan making it one of the investment management sector's largest investment teams dedicated to sustainable development.
1 Full-time equivalent.
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, Impax Asset Management Ireland 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 on www.impaxam.com and links from it should not be relied upon for investment purposes.
Impax is trademark of Impax Asset Management Group Plc. Impax is a registered trademark in the EU, US, Hong Kong and Australia. © Impax Asset Management LLC, Impax Asset Management Limited and/or Impax Asset Management (Ireland) Limited. All rights reserved.