Impax, the AIM listed asset manager focused on sustainable investing, today provides an update on the development of its assets under discretionary and advisory management (“AUM”) for the third quarter of its financial year.
On 30 June 2020, the Company’s AUM totalled £18.1 billion, an increase of 25.8 percent for the quarter.
Ian Simm (pictured), Chief Executive, commented: “Despite recent market volatility, Impax has again delivered significant growth, with net inflows of over £960 million for the quarter to 30th June.
“With our assets under management at £18.1 billion, a record high, and an attractive pipeline of new business, it is clear that investor interest in the transition to a more sustainable economy continues to gather momentum. Notwithstanding the current Covid-19 crisis, interest from asset owners in Impax’s investment capabilities remains very healthy.”
Unlike the previous quarter, market movements added almost £3 billion in assets as opposed as detracting from the total.
