When subscribing to receive market commentary please read the disclaimer below:

This document is solely for the use of Professional Clients as defined in the Glossary to the UK Financial Conduct Authority Handbook. It is strictly confidential and must not be distributed onward.

This document has been issued by Impax Asset Management (AIFM) Limited (“Impax”; FRN: 613534) which is authorised and regulated by the Financial Conduct Authority. Before making any investment decision, please consult full details of the objectives, investment policies and risks in the prospectus, key investor information documents (KIID) and/or key information document (KID).

Impax Environmental Markets Plc (the “Fund”) is incorporated in England and Wales under the Companies Act 1985 with registered number 4348393 and registered as an investment company.  The Fund is classified as an Alternative Investment Fund under Directive 2011/61/EU as onshored into the domestic body of UK legislation (“UK AIMFD”), and in respect of which Impax acts as the Alternative Investment Fund Manager (the “AIFM”).

This communication is for informational purposes only for the sole use of the intended recipient and does not constitute an offer or invitation to invest in any fund, security, financial instrument or product for which Impax provides investment advisory and/or investment management or any other services. Any data services and information available from public sources used in the creation of this communication are believed to be reliable. Unless stated otherwise the source of all information is Impax as of the date indicated.

The content does not represent and is not intended to constitute advice of any nature nor an investment recommendation or opinion regarding the appropriateness or suitability of any investment or strategy and does not consider the particular circumstances specific to any individual recipient to whom this material has been sent. Any offering is made only pursuant to the relevant offering document and the relevant subscription application, of all which must be read in their entirety. Prospective investors should review the offering memorandum, including the risk factors in the offering memorandum, before making a decision to invest.

For information about how we use your personal data, including your rights and other important privacy disclosures, please see: Privacy & Cookies