Showcasing Impax’s original thinking on the challenges and opportunities arising from the transition to a more sustainable economy.
The interest rate swap curve is an alternative reference point for pricing corporate bonds at a time when US government debt’s historic ‘risk-free’ rate status looks shaky
Sustained adoption of electric vehicles in Europe supports selective opportunities for private markets investors in charging assets.
Consensus on climate action might have frayed, but progress in the real economy highlights the opportunity set for rational investors focused on climate-related risks and opportunities
Company climate disclosures need to be forward-looking, flexible and focus on adaptation and resilience to be decision-useful for investors
Quantitative tools are no substitute for nuanced credit analysis, but combining the two can unlock higher risk-adjusted returns, research indicates
Given their potential to transform the global economy, we believe that investors in environmental markets should pay attention to companies enabling advances in AI
The prospect of tighter regulations on harmful food additives in the US supports opportunities for natural ingredient companies
Investors focused on euro-denominated bonds issued by emerging market companies can benefit from a growing universe, greater liquidity and selective spread differentials over comparable US dollar debt
Increasingly volatile rainfall patterns are precipitating enhanced investment in infrastructure that diverts, stores and cleans stormwater
The prospects of deregulation, higher-for-longer interest rates and balance sheet strength create a constructive backdrop for dynamic smaller banks in the US
As rising fixed wireless access and fibre adoption disrupts the business models of cable operators, credit investors need to take a selective approach to investing in the US broadband market
In our 2025 Climate Report, we explain how we integrate climate-related risks and opportunities into our investment strategies, engagement activities and throughout our business
In our eighth annual report, we showcase how we leveraged our breadth of stewardship and advocacy tools for positive outcomes in 2024.
Fiscal challenges mean the era of low US government bond yields and unchecked soaring healthcare spending has ended, meaning investors should reappraise assumptions about two ‘safe haven’ assets
The compelling economics of technologies that include rooftop solar and battery storage support opportunities for selective private market investments in affordable, clean and forward-looking solutions for energy consumers
The US residential solar market faces serious challenges amid elevated interest rates, rising loan delinquencies and the removal of tax incentives. Credit investors must be highly selective in this context.
Looking beyond the label can enable investors to pursue the diversification and transparency that impact bonds can offer, even as corporate America abandons them
The growing inference capabilities of AI models can enhance business-critical software used by companies to analyse data, automate workflows and optimise processes
Dislocations in market valuations have encouraged private equity buyers to snap up listed renewable independent power producers (IPPs), highlighting opportunities for long-term investors
Rising unsecured debts, unemployment fears and tariff-driven inflation paint an ominous picture for more vulnerable issuers whose fortunes hinge on US consumer discretionary spending