Impax Asset Management Group PLC (LON:IPX) saw the value of its assets under management (AUM) rise by 10% in the April-June quarter.
AUM at the end of June stood at £14.54bn (US$18.4bn), up from £13.25bn at the end of March. Net inflows accounted for £254mln of the £1,284mln quarter-on-quarter rise.
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"Impax has again delivered strong growth, with significant net inflows and a rising market contributing to an AUM increase of 10% over the three months to 30 June 2019,” said Ian Simm, the chief executive of Impax.
“The transition to a more sustainable global economy is gaining pace and the specialist expertise that Impax has in this area is resonating with asset owners around the world."