Impax Asset Management Group plc – AuM Update

Impax Asset Management Group plc – AuM Update

London, 8 October 2019 – Impax Asset Management Group plc (‘Impax’ or the ‘Company’), the AIM quoted 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 fourth and final quarter of its financial year.

On 30 September 2019, the Company’s AUM totalled £15.1 billion (US$18.5 billion), representing an increase of 4 per cent over the quarter and 20 per cent for the 12 months of the Company’s financial year.

Ian Simm, Chief Executive, commented:

“At the end of Impax’s most recent financial year, I am pleased to report further significant growth for the company, with AUM increasing by 20 per cent to £15.1 billion over the 12 months to 30 September 2019, inclusive of a 4 per cent increase in the final quarter.  Notwithstanding a challenging backdrop for equity markets, Impax has continued to attract strong net inflows of capital and a healthy pipeline of potential new business from asset owners around the world that are seeking investment exposure to the transition to a more sustainable economy.”

 

Figure one below sets out further details of the movements in the Company’s AUM for the quarter ended 30 September 2019. Figure two shows the same breakdown for the full year ended 30 September 2019.

 

Fig 1: Movements in the Company’s AUM for the quarter ended 30 September 2019.

Impax Asset Management Ltd

Impax Asset Management (AIFM) Ltd

Impax Asset Management LLC1

AUM Movement

3 months to 30 September 2019

Listed equities

Real assets

Fixed income, smart beta, US equities

 

Reconciliation2

Total firm

£m

£m

£m

£m

£m

Total AUM at 30 June 2019

11,259

453

3,513

(687)

14,538

Net flows

232

(4)

17

(11)

235

Market movement, FX and performance

165

(4)

129

(11)

278

Total AUM at 30 September 2019

11,656

445

3,659

(709)

15,051

Fig 2: Movements in the Company’s AUM for the full year ended 30 September 2019

AUM Movement

12 months to 30 September 2019

Listed equities

Real assets

Fixed income, smart beta, US equities

 

Reconciliation2

Total firm

£m

£m

£m

£m

£m

Total AUM at 30 September 2018

9,024

450

3,644

(603)

12,515

Net flows

1,691

(4)

(251)

(57)

1,379

Market movement, FX and performance

941

(2)

266

(49)

1,157

Total AUM at 30 September 2019

11,656

445

3,659

(709)

15,051

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