Pandemic has boosted investors’ interest in ESG trend
deVere Group said 26% of clients were considering or were already actively engaged in responsible and sustainable investing in the past four weeks
Company
LON:IPX
Founded in 1998, Impax offers a range of listed equity, fixed income, smart beta and real asset strategies. All strategies utilise the firm’s specialist expertise in understanding investment opportunities arising from the transition to a more sustainable economy. We are engaged investors, in regular dialogue with companies in our portfolios and reporting on our stewardship activities to our clients. Where possible, we endeavor to measure and report on the positive environmental and societal impacts of our investments.
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deVere Group said 26% of clients were considering or were already actively engaged in responsible and sustainable investing in the past four weeks
Banquet Buffet Mereo BioPharma 22p £27.4m (AIM:MPH) Private placement completed raising $70.0 million (£56.0 million) before expenses. Price per Placing Share of 17.4 pence.
Thematic (environmental markets) and Global Opportunities funds saw the bulk of the fund inflows
According to the investment trust, the current crisis has provided insight into the potential risks caused by climate change
The trust’s shares have continued to trade generally at a premium to net asset value
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Bidstack 9.25p £22.7m (LON:BIDS) As announced by the UK Government's Department for Digital, Culture, Media and Sport on 6 April 2020, Bidstack is providing its proprietary technology to insert the message "Stay Home Save Lives" in Codemast
Chief executive Ian Simm said it was a robust performance given the sharp fall in markets generally
March saw Impax's funds perform in line with the market
The board is requesting temporary authority to issue a further 11mln shares before the annual shareholder meeting in May
Impax styles itself as a specialist in the transition to a more sustainable economy
Impax more than doubled in value in 2019 and the shares stand at 387p currently.
Analysts say the company is "unusual" in the sector and its assets have been in high demand, supporting expectations of long-term growth
"The drivers behind the global economy's transition to a more sustainable model are only increasing and we remain ideally positioned to benefit from this"
AUM increased by 20% to £15.1bn over the 12 months to 30 September 2019, inclusive of a 4% increase in the final quarter
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A glance at some of the day's highlights from the Proactive Investors newswire
Listed equities accounted for £11.26bn of the £14.54bn of assets under management.
Global Opportunities, a broad-based equity fund, was the best performer
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
The UK blue-chip share index finished up around four points at 7,218
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Budget airline easyJet is expected to exit the FTSE 100 index after the latest quarterly review, while JD Sports is seen taking its place among the blue-chips