**Summary**
Impax Asset Management Group plc, an AIM-listed specialist investor focused on sustainable economy transitions, released its Q1 AUM (Assets Under Management) update for the quarter ended 31 December 2025. The company reported total AUM of ยฃ24.2 billion, down from ยฃ26.055 billion at the end of September 2025.
Key highlights
* **Net outflows**Driven primarily by a small number of institutional clients, although wholesale channel outflows continued to improve.
* **Stabilizing outflows**Net outflows have stabilized in recent quarters after a challenging period around 12 months ago.
* **New client win**Impax expects to onboard a new client in Q2 within its fixed income business, marking a significant credit account win following recent team integrations.
* **AUM breakdown**Listed equities (ยฃ21.222 billion), fixed income (ยฃ2.385 billion), and private markets (ยฃ633 million).
Chief Executive Ian Simm acknowledged the challenging conditions but highlighted continued investor appetite for Impaxs investment approach, focusing on sustainable economy transitions. The company remains committed to diversifying its product range beyond actively managed listed equities.
Below is the HTML table code comparing the financials and debt (though debt is not explicitly mentioned in the provided text, we'll focus on AUM and net flows) year on year based on the data from the text: < lang="en">
Impax Asset Management Group plc - Q1 AUM UpdateImpax Asset Management Group plc - Q1 AUM Update (Year-on-Year Comparison)
| Metric | 30 September 2025 (ยฃm) | 31 December 2025 (ยฃm) | Change (ยฃm) |
|---|
| Listed Equities | 22,993 | 21,222 | (1,771) |
| Fixed Income | 2,429 | 2,385 | (44) |
| Private Markets | 634 | 633 | (1) |
| Total AUM | 26,055 | 24,240 | (1,815) |
| Net Flows | - | (1,629) | (1,629) |
| Market Movement, FX, and Performance | - | (186) | (186) |
> ### Explanation:
1. **Table Structure**: The table compares the AUM and related metrics between **30 September 2025** and **31 December 2025**.
2. **Metrics**: - **Listed Equities**, **Fixed Income**, and **Private Markets** AUM are broken down. - **Total AUM** is the sum of all categories. - **Net Flows** and **Market Movement, FX, and Performance** are included to show the drivers of AUM changes.
3. **Styling**: Basic CSS is added for readability, including alternating row colors and bordered cells.
4. **Notes**: Debt is not mentioned in the provided text, so it is not included in the table. If debt data were available, it could be added as a separate row or section. This HTML code can be directly used in a web page to display the year-on-year comparison of Impax Asset Management Group plc's financials.