Business
February AUM update
February AUM update.
About this update from Impax Asset Management Group Plc
[{"type":"text","content":"\n\nImpax Asset Management Group plc\n \n(\"Impax\" or the \"Company\")\n \nFebruary AUM update\n \nAhead of its Annual General Meeting today, Impax provides an update on the development of its assets under discretionary and advisory management (\"AUM\").\nOn 29 February 2024, the Company's AUM totalled £39.2 billion, compared to £39.1 billion on 31 December 2023, at the end of the Company's first quarter.\nIn line with common market practice, Impax has recently moved to providing its regular AUM updates on a quarterly basis. The next regular update will be in April 2024, i.e. covering the second quarter, the period ending on 31 March 2024.\nLEI number: 213800AJDNW4S2B7E680\n- Ends -\nEnquiries:\n \n\n\n\n\nImpax Asset Management Group plc\nIan Simm, Chief Executive\nPaul French, Head of Communications\n \n\n\n \n+44 (0)20 3912 3000\n+44 (0)20 3912 3032\n\n\n\n\nMontfort Communications\nGay Collins\nJack Roddan\[email protected]\n \n\n\n \n+44 (0)77 9862 6282\n+44 (0)78 2567 0695\n\n\n\n\nPeel Hunt LLP, Nominated Adviser and Joint Broker\nJohn Welch\nDan Webster\n \nBerenberg, Joint Broker\nJames Felix\nDan Gee-Summons\n\n\n \n+44 (0)20 7418 8900\n \n \n+44 (0)20 3207 7800\n\n\n\n\n \nAbout Impax Asset Management\n \nFounded in 1998, Impax is a specialist asset manager, with approximately £39.2 billion of 29 February 2024 in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable global economy.\nImpax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well-positioned companies and create risks for those unable or unwilling to adapt.\nThe company seeks to invest in higher quality companies with strong business models that demonstrate sound management of risk. Impax offers a well-rounded suite of investment solutions spanning multiple asset classes seeking superior risk-adjusted returns over the medium to long term.\nImpax has approximately 300 employees1 across its offices in the United Kingdom, the United States, Ireland, Hong Kong and Japan making it one of the investment management sector's ...