In a year that saw it triple its profits by earning £10 billion ($12.1 billion) in new mandates, Impax Asset Management cemented its position as one of the largest managers of assets dedicated to a more sustainable global economy, with £83 billion in assets. under management (AUM).
Impax’s five largest strategies have been ahead or in line with the benchmark MSCI All-Country World Index for the past five years, with the exception of its climate strategy, which launched in 2018.
Leading up to and around the 26th Conference of the Parties (COP 26), Impax has focused its policy and advocacy work on how asset owners and managers can contribute to the Paris Agreement. It focused on three areas: financing the transition to net zero emissions; greening the financial system, with particular emphasis on biodiversity; and human capital, including the Covid-19 response.
“At Impax, we intentionally invest our clients’ capital in the transition to a more sustainable economy,” said Hubert Aarts, Deputy Head of Listed Equity Investments at Impax. “Our rigorous and proven investment process, which relies on our proprietary tools, aims to invest in high-quality companies that demonstrate sound risk and return management.”
Elsewhere, Impax has partnered with Swedish public pension fund AP7 to produce Water: From Systemic, Unpriced Risk to Measurable Opportunity with Positive Impact. The report focuses on solutions to sustainability issues associated with the supply and treatment of water and aims to provide an investment professional’s perspective on this as a sustainability and development topic. ‘impact.
“Impax continues to set the standard for thematic investing in the environmental space and their portfolios reflect this in their makeup – truly different holdings from ESG funds,” commented one. Environmental financing Awards judge. “The fact that they only deal with environmental issues also adds to their credibility.”