Impax Appoints Head of Distribution

London, 6 October 2011- Impax Asset Management Ltd ('Impax'), the specialist environmental investment company, announces the appointment of Ominder Dhillon as Head of Distribution.

Ominder joins Impax from Fidelity International where he was Head of UK Institutional Distribution since 2009.  Prior to this role Ominder spent nine years as Director of Institutional Sales at Scottish Widows Investment Partnership, and nine years at John Morrell & Associates and Johnson Fry plc (later acquired by Legg Mason).

 Ian Simm, Founder and Chief Executive,said:  "We are delighted to welcome Ominder to our expanding team.  Impax is seeing a marked increase in investor interest in alternative energy, water and other environmental markets, and we are expanding the distribution channels through which we market our funds.  Ominder has an outstanding track record in institutional sales, excellent relationships with investment consultants, and the expertise required to further enhance our successful sales and marketing function."

 

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Enquiries:

 Impax Asset Management Ltd

Ian Simm, Chief Executive                            020 7434 1122

 

MHP Communications

Gay Collins                                                       +44 (0)20 3128 8582, +44 (0) 7798 626282 

impax@mhpc.com

  

Notes to editors

 

Founded in 1998, Impax Asset Management Ltd is a leading investment manager dedicated to the environmental markets sector.  Impax's holding company, Impax Asset Management Group plc, is quoted on the Alternative Investment Market of the London Stock Exchange.

 

Impax manages funds and segregated accounts for an extensive number of "blue chip" institutions and has a track record of delivering excellent returns from investment processes that are endorsed by leading consultants.

 

Impax's Listed Equity team manages a range of global and regional strategies investing in the shares of listed companies across the renewable energy and energy efficiency, water infrastructure and pollution control, and waste management and environmental support services sectors while Impax's Private Equity team invests in power generation assets in the renewable energy sector.

 

Impax has a partnership with FTSE to develop and manage the FTSE Environmental Markets Index Series and is a member of the Institutional Investors Group on Climate Change and the Investor Network on Climate Risk. Impax is also a signatory to the UN Principles of Responsible Investment and the Carbon Disclosure Project, and is supportive of the UK Stewardship Code.

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