Impax Celebrates Three Year Track Record of Top Performing Water Strategy

Impax Asset Management, the environmental investment specialist, scooped the 'Sustainable, responsible, ethical investment' award at last week's FT Business Pension and Investment Provider 2012 Awards. The award was collected by Bruce Jenkyn-Jones, Managing Director of Listed Equities.

The FT Business Pension and Investment Provider Awards recognises providers who have delivered excellent service to UK pension schemes over the previous 12 months. The four key criteria used to adjudicate the awards are performance, innovation, service standards and competitive edge.

The award highlights increasing interest from institutional investors in the environmental sector and follows a successful year of Impax's business, managing capital on behalf of pension funds around the world.

Ian Simm, Founder and Chief Executive, Impax Asset Managementsaid:

"Impax has a long and successful track record of managing environmental markets funds and of demonstrating that investments in this area are suitable for mainstream investors who are looking for alpha generating products to complement core global equities.

"Winning the 'Sustainable, responsible, ethical investment' award is a welcome recognition of Impax and of the sector in which we invest. We now have 15 pension fund clients including the Environment Agency Pension Fund in the UK, Local Government Super in Australia and LD Pension Fund in Denmark, who have chosen to invest with us."

Further information:
Gay Collins / Sylvie Szoke
+44 (0)20 3128 8582/8573

Notes to Editors

About Impax Asset Management

Founded in 1998, Impax Asset Management ("Impax") was one of the world's first managers dedicated to exploiting the investment opportunities created by resource scarcity and demand for cleaner, more efficient products and services through listed and private equity strategies.

Impax now manages approximately £2bn for institutional and high net worth investors globally, and is committed to providing strong long term risk-adjusted returns. Our team of 28 investment professionals has been assembled over 13 years and is highly rated by investment advisers and consultants.

Impax's listed equity funds seek out mis-priced companies that are set to benefit from the long-term trends of changing demographics, rising consumption, limited natural resources and urbanisation. Investment is focused on the alternative energy, water, waste and related markets. Impax's private equity infrastructure funds invest in power generation assets in the renewable energy sector.

Impax is a thought leader in defining the markets in which we invest, for example through a partnership with FTSE to develop and manage the classification system underpinning the FTSE Environmental Markets Index Series.