Impax and FTSE expand Environmental Index series
Thursday, November 17, 2011
Impax Group plc ("Impax"), the specialist environmental investment
company and FTSE Group ("FTSE"), the global index company, have
announced the expansion of the FTSE Environmental Opportunities
Index Series with the addition of nine new indices.
Impax, using its wealth of experience investing in these sectors,
will research the constituents for the indices.
The expansion will offer investors additional detail by
identifying and segmenting the renewable energy, energy efficiency,
water and waste management markets. The new indexes are:
• FTSE Environmental Opportunities ("EO") 100 (the largest
100 companies included in the FTSE EO All- Share Index)
• FTSE EO Water Technology 30 Index
• FTSE EO Water Technology Benchmark
• FTSE EO Renewable Energy 50 Index
• FTSE EO Renewable Energy Benchmark
• FTSE EO Energy Efficiency 50 Index
• FTSE EO Energy Efficiency Benchmark
• FTSE EO Waste and Pollution Control 30
• FTSE EO Waste and Pollution Control Benchmark
Ian Simm, Chief Executive of Impax said: "These indices provide
an investible and transparent measure of the performance of the
global environmental technology sector. They are the building
blocks of a mature and liquid marketplace and help to complete the
infrastructure of the environmental markets."
"We are delighted to continue this partnership with FTSE,
combining their index expertise and our in- depth sector
knowledge."
"The indices track the performance of those companies who are
best positioned to benefit from the shift to a global low-carbon
economy. The expansion of the series offers investors the
opportunity to identify those leading global companies within a
comprehensive benchmark and tradable index series." said Will
Oulton, Head of Responsible Investment, FTSE Group.
The FTSE Environmental Opportunities indices are a part of
FTSE's broader Environmental Markets Index Series that includes the
FTSE ET50 Index, which tracks the performance of the world's
largest pure- play environmental companies. The series is available
for investors to use as the basis of structured products, exchange
traded funds (ETF) and index funds.
About Impax Group plc
Impax Group plc ("Impax") was founded in 1994 as a specialist
finance house focusing on the markets for cleaner or more efficient
delivery of basic services of energy, water and waste. These
markets are expanding rapidly, as business and political leaders
encourage the development of cleaner products and services in
response to the increasing pressures placed on the environment.
Impax's dedicated team of professionals, with many years of
experience in the financial and environmental sectors, is ideally
placed to understand and take advantage of the investment
opportunities arising from the fast growing environmental markets.
Impax Asset Management (the trading entity of Impax Group) manages
assets for institutional and private investors, across a range of
listed and private equity funds.
For further information please visit: www.impax.co.uk
About FTSE Group
FTSE Group is a world-leader in the creation and management of
indexes. With offices in Beijing, London, Frankfurt, Hong Kong,
Madrid, Paris, New York, San Francisco, and Tokyo, FTSE Group
services clients in 77 countries worldwide. It calculates and
manages the FTSE Global Equity Index series, which includes
world-recognised indexes ranging from the FTSE All-World Index, the
FTSE4Good series and the FTSEurofirst Index series, as well as
domestic indexes such as the prestigious FTSE 100. The company has
collaborative arrangements with the Athens, AMEX, Cyprus, Euronext,
Johannesburg London, Madrid, NASDAQ and Taiwan exchanges, as well
as Nomura Securities, Hang Seng and Xinhua Finance of China. FTSE
also has a collaborative agreement with Dow Jones Indexes to
develop a single sector classification system for global
investors.
FTSE indexes are used extensively by investors world- wide for
investment analysis, performance measurement, asset allocation,
portfolio hedging and for creating a wide range of index tracking
funds. Independent committees of senior fund managers, derivatives
experts, actuaries and other experienced practitioners review all
changes to the indexes to ensure that they are made objectively and
without bias. Real-time FTSE indexes are calculated on systems
managed by Reuters. Prices and FX rates used are supplied by
Reuters.
Carbon International
Samantha Hill
samantha.hill@carboninternational.com
+44 (0)20 7483 7205
Carbon International
Lucy Evans
lucy.evans@carboninternational.com
+44 (0)20 7483 7208