Sustainability-focused Impax Asset Management has posted record inflows of £1.8 billion during its half-year to 31 March.

Assets under management increased over a billion to £15.8 billion a month after this year’s March horror show, which saw the worst impacts from Covid-19.

Revenue increased to £41.2 million, up from £33.8 million the previous year. Adjusted operating profits also rose by 36 percent to £10.3 million on a year-on-year basis.

Shareholder’s equity increased to £63.2 million up from £54.6 million the previous year. The firm has also hiked its interim dividend to 1.8p from 1.5p, a rarit...