Impax Asset Management

www.impaxam.com TICKER: IPX     EXCHANGE: AIM

Impax is a market leading and multi award winning manager of both listed and private equity funds, which invest in ways that take advantage of more environmentally sustainable corporate and economic growth globally.

LATEST REPORTS

 
Delivering a sustainable future
Published: Dec 04 2017

Impax is a market leading manager of both listed and private equity funds, which invest in ways that take advantage of more environmentally sustainable corporate and economic growth globally. The Group has just reported outstanding FY17 results and a positive start to FY18.  Momentum is being driven by organic growth and the proposed combination with US-based Pax World Management LLC, set to complete in Q1 2018. The underlying outlook remains compelling: record 61% growth in assets under management or advice (AUM) in FY17 included c £2.1bn of net inflows and £0.65bn from fund performance.

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Investor Forum November 2017
Published: Nov 30 2017

Ian Simm, CEO, runs through the Group's FY results presentation

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Impax Asset Management Webinar
Published: Oct 23 2017

Ian Simm, CEO, and Charlie Ridge, CFO, run through Impax's proposed plans for their acquisition of Pax World Management LLC.

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A genuinely transformational acquisition
Published: Sep 28 2017

Impax looks to have secured an acquisition which delivers key components of its longer term strategic growth plan in one fell swoop, while minimising execution risk, and enhancing EPS and dividend cover. It has agreed to acquire 100% of US based Pax World Management LLC for US$52.5m initially, plus up to US$37.5m in contingent payments payable in 2021, subject to performance. This combines complementary businesses with aligned strategies and business cultures, and a successful partnership for over a decade on the design and management of the US$511m Pax Global Environmental Markets (GEM)

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No trumping AUM growth
Published: Jun 12 2017

Impax is a market leading manager of both listed and private equity funds, which invest in ways that take advantage of more environmentally sustainable corporate and economic growth globally.With the addition of £500m to AUM, Impax closed another strong month. That brought total AUM to £6.5bn, c 8% growth in May, and recent momentum (from £4.2bn at end Sep 2016) suggests that efforts to build the scale and profile of Group funds and investment expertise in target markets have gained traction. We have again pushed up our FY17e revenues and earnings forecasts to reflect higher projected fees

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Earnings driven by strong momentum
Published: May 16 2017

Impax is a market leading manager of both listed and private equity funds, which invest in ways that take advantage of more environmentally sustainable corporate and economic growth globally.   Impressive first half earnings were 23% up on the second half of FY’16 (100% ahead of H1’16). That reflects six consecutive quarters of strong growth in assets under management and advisory (AUM). Total net inflow was a record £870m in the first half, equivalent to a 27% increase in AUM to £5.7bn by end March, while another very good month pushed that above £6.0bn by end April. The interim figu

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View the Results Webinar
Published: May 12 2017

You can now hear Ian Simm, Chief Executive, and Charlie Ridge, Chief Financial Officer, present the interim results for the six months to 31 March 2017 on behalf of Impax Asset Management Group plc.To view simply click on the video below.

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ARCHIVE

2017
Upgrades post strong Q2 AUM growth
Published: Apr 11 2017

Impax is a market leading manager of both listed and private equity funds, which invest in ways that take advantage of more environmentally sustainable corporate and economic growth globally. An impressive first half saw total assets under discretionary and advisory management (AUM) hit a new £5.7bn peak at end March 2017. As that’s already above our existing full-year target with six months still to go, we have upgraded FY17e AUM to £6.0bn and £6.8bn by end FY18.We still see those as relatively conservative vs 27% first half growth i.e. c 5% net new inflows in H2, c 2% from investment p

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Strong Q1: AUM and profit upgrades
Published: Jan 16 2017

Impax is a market leading manager of both listed and private equity funds, which invest in ways that take advantage of more environmentally sustainable corporate and economic growth globally. We have revised our fee income and profit forecasts to reflect recent momentum behind growth in assets under discretionary/advisory management (AUM) which hit a new peak of £5.06bn at the end of 2016 (FY16: £4.8bn). A 12% increase over the quarter puts Impax well on track to achieve our existing £5.4bn end September 2017 AUM forecast. AUM is a key valuation metric and recent pe

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2016
View the Results Webinar
Published: Dec 14 2016

You can now hear Ian Simm, Chief Executive, and Charlie Ridge, Chief Financial Officer, present the recently announced record results for year ended 30 September 2016 on behalf of Impax Asset Management Group plc.To view simply click on the video below.

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Environmental trends drive proposition
Published: Dec 09 2016

Impax is a market leading manager of both listed and private equity funds, which invest in ways that take advantage of more environmentally sustainable corporate and economic growth globally.The shares have performed well since our initiation note (28 Nov) on the back of good results, a successful first close for its latest private equity fund, and AUM rising further to £4.9bnResults for FY to Sept 2016 showed significant growth in AUM, strong fund performance and inflows from new and existing clients / geographical markets. It reported 59% y o-y growth in AUM to £4.5bn in the year. That wil

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Impax Asset Management Group plc - Equity Development Investor Forum, November 2016
Published: Dec 02 2016

Ian Simm, Chief Executive, describes how Impax is well positioned for future growth.

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Environmental leadership driving growth
Published: Nov 28 2016

Impax is a market leading manager of both listed and private equity funds, which invest in ways that take advantage of more environmentally sustainable corporate and economic growth globally. Aggregate AUM at end September 2016 was £4.5bn. Investment decisions are based on proprietary and rigorous investment process, designed to take advantage of trends being driven by better resource efficiency and solutions to environmental problems. Long-term drivers remain compelling, and the group’s funds are diversified geographically and by environmental market sector. Significant FY16 AUM growth r

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2012
Substantial long term potential
Published: Jun 01 2012

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