Impax Asset Management Group plc AUM update (7292T)
January 10 2017 - 2:00AM
UK Regulatory
TIDMIPX
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 GBP5,060 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 Listed Private Property Total
3 months to Equity Equity funds
31 December funds funds
2016 GBPm GBPm
GBPm GBPm
------------------ -------- -------- --------- ------
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 GBP5.1 bn(1) 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.
(1) As 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
END
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