AP7 beefs up green mandate awarded to Impax

AP7 initially allocated SEK 758m (EUR 73.5m) to Impax to invest via its Leaders Strategy in companies that contribute to solutions for climate and environmental problems.

by REETA ILONA PAAKKINEN

Sweden’s AP7 has increased the size of a green impact mandate it awarded to Impax Asset Management in 2018 by SEK 500m (EUR 48.5m) to SEK 1.4bn (EUR 135.8m). A key aspect of the Impax mandate is to contribute as a strategic partner to AP7’s Green Impact Objective.

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AP7 beefs up green mandate awarded to Impax

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager