Impax Asset Management PLC (LON:IPX) said its assets under management rose by 8% to £16.3bn in the period from October to February, though the fund manager added that the market turbulence over recent weeks has had an effect since.
“During March, the funds and accounts that Impax manages or advises have generally performed in line with the market, while flows have been slightly negative,” the firm said in a statement ahead of its AGM being held on Thursday.
“The company's pipeline of potential new business remains encouraging and is largely unchanged,” the sustainable economy-focused investor added.
Shares rose 1.4% to 225p.