United StatesLondon, 27 August 2024 – Impax Asset Management (“Impax”), the specialist asset manager investing in the transition to a more sustainable economy, today announced the appointment of Magnus Kristensen as Head of Nordics.
Based in Denmark, Magnus joins from Federated Hermes, where he was Head of Nordics, managing client relationships and driving new business among institutional investors across the region. Prior to this he held similar roles at Jyske Bank and Neuberger Berman and has over two decades of experience in business development and client service.
As Head of Nordics, Magnus will be responsible for business development and providing an excellent service to Impax clients based in the region. He reports to Paul Voûte, Co-Head, Client Group, Impax. Viktoria von Kunow, who previously led Impax’s business development activities in the region, will now focus on clients in Germany, Austria and Switzerland.
Magnus’ appointment comes during a period of growth for Impax in the Nordics. In July 2024 it completed its acquisition of Danish fixed income manager, Absalon Corporate Credit (“Absalon”). Formerly part of the Formuepleje Group, Absalon serves European institutional investors and Danish high net worth individuals. Impax has operated in the region since 1999 when it was asked by a Danish bank to design and manage an environmental fund investing in listed equities.
Magnus and the four portfolio managers from Absalon will be based in Impax’s new Danish office in Køge, near Copenhagen.
Paul Voûte, Co-Head, Client Group, Impax, said: “We are excited to welcome Magnus to the team. He has an extensive network and deep knowledge of the Nordic market and having such an experienced individual based in the region will help us in growing our business and providing an excellent service to our existing clients.”
Magnus Kristensen, Head of Nordics, Impax, said: “Impax is renowned for its expertise in investing in the transition to a more sustainable economy and has a long history of serving Nordic clients. I’m really looking forward to working closely with the whole team to help drive forward its presence in the region.”
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Contact
| UK : Montfort Communications | Impax@montfort.london |
| Jack Roddan / Catherine Winterton | +44 7825 670 695 / +44 7526 693 917 |
About Impax
Founded in 1998, Impax is a specialist asset manager, with approximately £36.9 billion as of 30 June 2024 in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable global economy.
Impax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well-positioned companies and create risks for those unable or unwilling to adapt.
The company seeks to invest in higher quality companies with strong business models that demonstrate sound management of risk. Impax offers a well-rounded suite of investment solutions spanning multiple asset classes seeking strong risk-adjusted returns over the medium to long term.
Impax has approximately 310 employees across its offices in the United Kingdom, the United States, Ireland, Denmark, Hong Kong and Japan, making it one of the investment management sector’s largest investment teams dedicated to sustainable development.
Issued in the UK by Impax Asset Management Group plc, whose shares are quoted on the Alternative Investment Market of the London Stock Exchange. Impax Asset Management Group plc is registered in England & Wales, number 03262305. AUM relates to Impax Asset Management Limited, Impax Asset Management (AIFM) Limited, Impax Asset Management Ireland Limited and Impax Asset Management LLC. Impax Asset Management Limited and Impax Asset Management (AIFM) Limited are authorised and regulated by the Financial Conduct Authority and are wholly owned subsidiaries of Impax Asset Management Group plc. Please note that the information provided on www.impaxam.com and links from it should not be relied upon for investment purposes.
Impax is trademark of Impax Asset Management Group Plc. Impax is a registered trademark in the EU, US, Hong Kong and Australia. © Impax Asset Management LLC, Impax Asset Management Limited and/or Impax Asset Management (Ireland) Limited. All rights reserved.