Impax Asset Management Group plc

("Impax" or the "Company")

Q1 AUM update

Impax, the AIM listed specialist investor focused on a more sustainable economy, today provides an update on the development of its assets under discretionary and advisory management ("AUM") for the first quarter of its financial year.

On 31 December 2019, the Company's AUM totalled £16.1 billion, representing an increase of 7% over the quarter. 

Ian Simm, Founder and Chief Executive, commented:

"Despite the challenging environment for equity markets, in the first quarter of our financial year we are pleased to report continued strong inflows of capital. The commitment of policy makers, the business community and wider civil society to combatting climate change, reducing pollution and forging a path towards a more sustainable economy has never been stronger. Against this backdrop, Impax's committed teams, broad range of investment solutions and acknowledged leadership position across many markets should stand the Company in good stead to deliver further growth in 2020."

The table below sets out further details of the movements in the Company's AUM for the quarter ended 31 December 2019.

¹ Previously named Pax World Management LLC

² Avoidance of double count of Pax Global Environmental Markets Fund and Pax Global Opportunities Fund

- Ends -

Enquiries:

Notes to Editors - About Impax Asset Management

Impax Asset Management manages or advises on both listed and real asset strategies.  The Company's investments are based on the strong conviction that population dynamics, resource scarcity, inadequate infrastructure and environmental constraints will profoundly shape global markets, creating investment risks and opportunities.  Impax expects that these trends, reflecting the transition towards a more sustainable global economy, will drive earnings growth for well-positioned companies.  Impax's proprietary investment framework identifies and calibrates the rising risks and expanding opportunities from this transition and guides the search for investments that will deliver long term outperformance.

For further information please visit www.impaxam.com.

Issued in the UK by Impax Asset Management Group plc, whose shares are quoted on the Alternative Investment Market of the London Stock Exchange.  Impax Asset Management Group plc is registered in England & Wales, number 03262305.  AUM relates to Impax Asset Management Limited, Impax Asset Management (AIFM) Limited and Impax Asset Management LLC.  Impax Asset Management Limited and Impax Asset Management (AIFM) Limited are authorised and regulated by the Financial Conduct Authority and are wholly owned subsidiaries of Impax Asset Management Group plc.  Please note that the information provided and links from it should not be relied upon for investment purposes.