Impax launches global sustainable investment fund

impax asset management fund launch global equities

6 October 2023
| By Jasmine Siljic |
expand image

Impax Asset Management has launched the Global Opportunities Fund, following rising local demand from Australian investors for global sustainable investment options. 

The all-cap global equities fund seeks to achieve long-term capital growth by investing in companies with competitive advantages and strong alignment with a more sustainable global economy. 

It will also replicate the Impax Global Opportunities strategy, which has been trading since 2015. The strategy has delivered an average annual net return of 12.8 per cent since inception, outperforming its benchmark, the MSCI All Countries World Index (ACWI).

The Global Opportunities Fund is managed in the UK by co-portfolio managers Kirsteen Morrison and David Winborne.

“Australian investors are recognising the opportunity to capitalise on the transition to a more sustainable economy and are wanting greater access to quality funds that take a sector agnostic approach to identifying opportunities,” Winborne commented.

He added that the fund will focus on firms with a proven track record for producing consistent operation returns, above average free cash flow predictability, and companies’ long-term opportunities which are not reflected in their share price. 

Morrison said: “Our investment process includes a strong focus on the risks arising from the  transition to a more sustainable global economy, as well as seeking to harness the opportunities related to that multifaceted transition.”

This will include the clean energy transition in relation to electric vehicles, the shift towards natural ingredients in the health and wellness sectors, and the transition towards personalised medical care. 

Impax Asset Management was founded in 1998 with over $76 billion in assets under management as at 31 August 2023 across global listed equities, fixed income and private markets.

The firm has a fundamental ESG focus on the sustainable global economy and is one of the largest investment managers dedicated to this area.

In Australia, Fidante is the responsible entity of the Impax Global Opportunities Fund and has been the distribution partner for Impax in Australia and New Zealand since 2021.

Read more about:


Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry



Get rid of the rest of the old guard to clean up the culture, then you might have a chance....

2 days 9 hours ago
Ray Mitchell

The previous directors and managers of both Dixon Advisory and the ultimate holding company Evans and Partners should be...

2 days 21 hours ago
Old Fella

Why would any Licensee invest in educating and training new advisers, when as soon as the handcuffs come off, they will ...

3 days ago

ASIC has obtained interim orders from the Federal Court to freeze the assets of a registered managed fund and prevent its former director from leaving Australia. ...

3 weeks 4 days ago

Insignia Financial has unveiled a new operating model and executive team, including a new head of advice, while three senior executives are set to depart the licensee....

3 days 11 hours ago

The $280 billion Australian Retirement Trust is the first superannuation fund off the block to report its performance for the 2023-24 financial year....

1 week 6 days ago