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94.30    -2.00 (-2.08%)
Bid:
94.10
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94.50
Spread: 0.40 (0.425%)
Market Cap: £114.57m
IPX Live PriceLast checked at - London Stock Exchange

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AUM update

6 Jul 2018 07:00

RNS Number : 7815T
Impax Asset Management Group plc
06 July 2018
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Impax Asset Management Group plc - Q3 AUM update

London, 6 July 2018 - Impax Asset Management Group plc ("Impax" or the "Company"), the AIM listed specialist investor focused on a more sustainable economy, today provides an update of the development of its assets under discretionary and advisory management ("AUM") for the third quarter of its financial year.

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On 30 June 2018, the Company's AUM totalled Β£11.8 billion, representing an increase of 7% over the quarter.

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Ian Simm, Chief Executive, commented:

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"Twenty years on since the company's inception, Impax continues to make strong progress. With sustained net inflows, AUM at a record high, and a healthy pipeline of new business, it is clear that investor interest in the transition to a more sustainable economy continues to gather momentum."

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The table below sets out further details of the movements in the Company's AUM for the quarter ended 30 June 2018.

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Impax Asset Management Ltd

Impax Asset Management AIFM Ltd

Impax Asset Management LLC2

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AUM movement

3 months to

30 June 2018

Thematic equity funds

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Β£m

Real asset funds1

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Β£m

Fixed income, smart beta, US equity funds

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Β£m

Reconciliation3

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Β 

Β£m

Total firm

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Β£m

Total AUM at

31 March 2018

7,635

481

3,398

(479)

11,035

Net inflows

332

24

(98)

(59)

200

Market movement, FX and performance

299

3

234

(17)

519

Total AUM at

30 June 2018

8,266

509

3,534

(555)

11,754

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1 Real Assets comprise Private Equity and Property funds

2 previously named Pax World Management LLC

3 avoidance of double count of Pax World Global Environmental Markets Fund and Pax Global Opportunities Fund

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Enquiries:

Ian Simm, Chief Executive Tel: + 44 (0) 20 3912 3000 (switchboard)

Impax Asset Management Group plc

www.impaxam.com

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Gay Collins/Louis Supple

Montfort Communications Tel: + 44 (0) 207798 626282 + 44 (0) 20 3770 7914

impax@montfort.london

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

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Notes to Editors - About Impax Asset Management

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Impax Asset Management manages or advises on both listed and real asset 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.

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Issued in the UK by Impax Asset Management Group plc, whose shares are quoted on the Alternative Investment Market of the London Stock Exchange. Impax Asset Management Group plc is registered in England & Wales, number 03262305. AUM relates to Impax Asset Management Limited, Impax Asset Management (AIFM) Limited and Impax Asset Management LLC. Impax Asset Management Limited and Impax Asset Management (AIFM) Limited 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.

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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UPDUGUBAMUPRGAA
Date   Source Headline
7th Oct 20207:00 amRNSAUM update
22nd Sep 20204:24 pmRNSHolding(s) in Company
18th Sep 202012:07 pmRNSSecond Price Monitoring Extn
18th Sep 202012:02 pmRNSPrice Monitoring Extension
20th Aug 20204:40 pmRNSSecond Price Monitoring Extn
20th Aug 20204:35 pmRNSPrice Monitoring Extension
18th Aug 202012:07 pmRNSSecond Price Monitoring Extn
18th Aug 202012:02 pmRNSPrice Monitoring Extension
11th Aug 202012:07 pmRNSSecond Price Monitoring Extn
11th Aug 202012:02 pmRNSPrice Monitoring Extension
7th Aug 202012:07 pmRNSSecond Price Monitoring Extn
7th Aug 202012:02 pmRNSPrice Monitoring Extension
14th Jul 20207:00 amRNSHolding(s) in Company
13th Jul 202012:30 pmRNSDirector/PDMR Shareholding
10th Jul 20205:52 pmRNSHolding(s) in Company
7th Jul 20207:00 amRNSQ3 AUM update
6th Jul 202012:07 pmRNSSecond Price Monitoring Extn
6th Jul 202012:02 pmRNSPrice Monitoring Extension
4th Jun 20207:00 amRNSInterim results to 31 March 2020
29th May 20204:40 pmRNSSecond Price Monitoring Extn
29th May 20204:35 pmRNSPrice Monitoring Extension
15th May 202012:02 pmRNSPrice Monitoring Extension
6th May 20204:41 pmRNSSecond Price Monitoring Extn
6th May 20204:36 pmRNSPrice Monitoring Extension
4th May 20205:00 pmRNSNotice of Results
9th Apr 202012:02 pmRNSPrice Monitoring Extension
8th Apr 20204:40 pmRNSSecond Price Monitoring Extn
8th Apr 20204:35 pmRNSPrice Monitoring Extension
7th Apr 20207:00 amRNSQ2 AUM update
6th Apr 202012:07 pmRNSSecond Price Monitoring Extn
6th Apr 202012:02 pmRNSPrice Monitoring Extension
24th Mar 202012:07 pmRNSSecond Price Monitoring Extn
24th Mar 202012:02 pmRNSPrice Monitoring Extension
19th Mar 20203:56 pmRNSResult of AGM
19th Mar 20207:00 amRNSAGM Statement
16th Mar 202012:07 pmRNSSecond Price Monitoring Extn
16th Mar 202012:02 pmRNSPrice Monitoring Extension
12th Mar 202012:07 pmRNSSecond Price Monitoring Extn
12th Mar 202012:02 pmRNSPrice Monitoring Extension
12th Feb 20204:22 pmRNSHolding(s) in Company
9th Jan 20203:10 pmRNSDirector/PDMR Shareholding
8th Jan 20207:00 amRNSQ1 AUM Update
20th Dec 20194:40 pmRNSSecond Price Monitoring Extn
20th Dec 20194:35 pmRNSPrice Monitoring Extension
18th Dec 20195:14 pmRNSDirector/PDMR Shareholding
16th Dec 20194:36 pmRNSNotice of AGM
4th Dec 20195:58 pmRNSAnnual Financial Report
4th Dec 20197:00 amRNSFinal Results
27th Nov 20197:00 amRNSNotice of Results
8th Oct 20197:00 amRNSAuM Update

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