AUM update

RNS Number : 7292T
Impax Asset Management Group plc
10 January 2017
 

Impax Asset Management Group plc - Q1 AUM update

 

London, 10 January 2017 - Impax Asset Management Group plc ("Impax" or the "Company"), the AIM quoted investment manager focused on environmental markets and related resource efficiency sectors, today provides an update of the development of its assets under discretionary and advisory management ("AUM") in the first quarter of its financial year.

 

On 31 December 2016 AUM reached a new peak of £5,060 million, representing an increase of 12% over the quarter.

                                                                                                                  

Ian Simm, Chief Executive, commented:

"Impax has followed its unprecedented growth during the 2016 financial year with record quarterly inflows into our listed equity funds this quarter, particularly from clients in Continental Europe and North America." 

 

The table below sets out further details of the movements in the Company's AUM for the quarter ended 31 December 2016. 

 

AUM movement

3 months to

31 December 2016

Listed Equity funds

 

£m

Private Equity funds

 

£m

Property funds

 

£m

Total

 

 

       £m

Total AUM at

1 October 2016

4,195

285

22

4,502

Net inflows

350

129

-

479

Market movement and performance

82

(3)

-

79

Total AUM at

31 December 2016

4,627

411

22

5,060

 

 

Enquiries:

 

Ian Simm                                                                                               Tel: + 44 (0) 20 7434 1122 (switchboard)

Chief Executive

Impax Asset Management Group plc

www.impaxam.com

 

Anne Gilding                                                                                         Tel: +44 (0) 20 7434 1122 (switchboard)

Head of Brand & Communications                                                 Tel: +44 (0) 20 7432 2602 (direct)

Impax Asset Management Group plc                                              Tel: +44 (0) 7881 249612 (mobile)

www.impaxam.com                                                                            Email: a.gilding@impaxam.com


Guy Wiehahn or Rishi Shah                                                               Tel: +44 (0) 20 7418 8900
Nominated Adviser
Peel Hunt LLP

 

 

Notes to Editors - About Impax Asset Management

Impax Asset Management is a leading investment firm, managing or advising on approximately £5.1 bn1 primarily for institutional clients through both listed and private equity strategies.

 

The Company's investments are based on the strong conviction that population dynamics, resource scarcity, inadequate infrastructure and environmental constraints will profoundly shape global markets, creating investment risks and opportunities.  Impax expects that these trends, reflecting the transition towards a more sustainable global economy, will drive earnings growth for well-positioned companies.  Impax's proprietary investment framework identifies and calibrates the rising risks and expanding opportunities from this transition, and guides the search for investments that will deliver long term outperformance.

 

1As of 31 December 2016                

 

Issued in the UK by Impax Asset Management Group plc, whose shares are quoted on AIM.  Impax Asset Management Group plc is registered in England & Wales, number 03262305.  AUM relates to Impax Asset Management Limited and Impax Asset Management (AIFM) Limited.  Both companies 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.  For further information please visit www.impaxam.com.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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