We interviewed Tickmill's CEO Duncan Anderson about futures and options. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksImpax Asset Management Share News (IEM)

Share Price Information for Impax Asset Management (IEM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 470.00
Bid: 469.50
Ask: 470.00
Change: 0.00 (0.00%)
Spread: 0.50 (0.11%)
Open: 470.00
High: 470.00
Low: 467.50
Yest. Close: 464.00
IEM Live PriceLast checked at -
Impax Environmental Markets is an Investment Trust

To enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water and waste.

Find out More

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Impax Environmental sees mixed 2020 performance against benchmarks

Wed, 7th Apr 2021 09:02

(Alliance News) - Impax Environmental Markets PLC on Wednesday reported net asset value growth over 2020, though its performance versus its benchmarks were mixed.

Net asset value per share stood at 411.20 pence at the end of 2020, up from 321.83p on the same date a year before.

The net asset value total return per share for the year was 31.0%. This compares favourably to the 13% return by the MSCI AC World Index, but lagged behind the FTSE ET100 Index's 90% return.

The firm explained: "This underperformance provides a reminder that the FTSE ET100 is an extremely volatile and cyclical benchmark, which can become dominated by 'in vogue' sub-sectors, such as electric vehicles. As managers of IEM, we continue to target a more diversified portfolio, with a balance of cyclical and defensive holdings spread across a range of environmental markets and across regions, and with a considerably lower risk profile than the FTSE ET100."

Impax Environmental's total distribution for the year was 2.3p, down 23% on the 3.0p paid out for 2019, reflecting dividend cuts from a number of underlying investments.

"As last year, there will be no final dividend, though it is our intention to return to that practice as and when the company stops growing its capital base," the firm said.

The stock was up 0.8% at 452.69p in London on Wednesday.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News

DIRECTOR DEALINGS: Ncondezi's Fletcher buys more, essensys CFO sells

DIRECTOR DEALINGS: Ncondezi's Fletcher buys more, essensys CFO sells

8 Apr 21 20:40

Impax Environmental sees mixed 2020 performance against benchmarks

Impax Environmental sees mixed 2020 performance against benchmarks

7 Apr 21 09:02

Impax NAV rises in 2020 after second-half rebound

(Sharecast News) - Impax Environmental Markets' value per share rose in 2020 as increased interest in environmental markets in the second half reversed an earlier slump in share prices.

7 Apr 21 07:43

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

5 Mar 21 15:58

EXECUTIVE CHANGES: Tracsis Confirms Andy Kelly's Appointment As CFO

EXECUTIVE CHANGES: Tracsis Confirms Andy Kelly's Appointment As CFO

1 Feb 21 14:48

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

5 Jan 21 16:12

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

7 Aug 20 15:57

Impax Underperforms Benchmarks In Interim As Net Assets Dive On Covid

Impax Underperforms Benchmarks In Interim As Net Assets Dive On Covid

4 Aug 20 11:51

Impax Environmental Markets Beats Benchmarks On Portfolio Recoveries

Impax Environmental Markets Beats Benchmarks On Portfolio Recoveries

20 Apr 20 17:15

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

17 Apr 20 16:03

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

26 Mar 20 16:13

TOP NEWS: NMC Health, TUI And Kingfisher Demoted From FTSE 100

TOP NEWS: NMC Health, TUI And Kingfisher Demoted From FTSE 100

4 Mar 20 18:20

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

17 Feb 20 15:55

DIRECTOR DEALINGS: Impax Environmental Non-Executive Buys Shares

(Alliance News) - Impax Environmental Markets PLC said Friday Non-Executive Director Stephanie Eastment bought shares worth GBP14,437 in the investment firm in a transaction on acquired 4,830 in a

16 Aug 19 16:28

Impax Environmental Markets Interims Outperform Amid Rebound

(Alliance News) - Impax Environmental Markets PLC said Friday the investment trust outperformed its comparators over the interim 2019 period, after a strong rebound at the start of the year a weak

9 Aug 19 15:13

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.