Investments  

Impax AM sees assets jump 84% after £11bn inflows

Impax AM sees assets jump 84% after £11bn inflows

Impax Asset Management has seen its assets under management jump 84 per cent in the past year to reach £37.2bn.

The listed environmental, social and governance specialist investment house reported record net inflows of £10.7bn in the 12 months to September 30, which helped the company’s Aum increase by 84.3 per cent over the year. 

Ian Simm, chief executive of Impax, said: “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.”

The stock exchange filing out this morning (October 7) showed for the year to September, investors pumped £322m into its fixed income portfolios and £10.3bn into listed equities, but pulled £34m from private markets.

In the three months from June to September, £1.5bn was put into listed equities and £62m into fixed income but £35m was taken from private markets.

Impax assets have been heading skywards over the past few years, bolstered by positive market movements and strong inflows from investors.

It has also been helped by the growing trend of ESG, which takes into account environmental, social and governance factors as well as financial measures when investing.

amy.austin@ft.com

What do you think about the issues raised by this story? Email us on FTAletters@ft.com to let us know