The BNP Paribas Environmental Equity Trust, an Australian product managed by Impax, is set to be rebranded to the Impax name and distributed by Fidante.
Impax founder and chief executive Ian Simm commented Fidante is “very well-positioned” to support his company’s growth aspirations, across local institutional and wholesale clients.
“As a significant player in the market, Fidante’s focus on partnering with specialist asset managers matches our own position as a specialist manager focusing on the transition to a more sustainable economy,” Mr Simm said.
Fidante is also keen to grow its footprint in sustainable investment. John Burke, Fidante Partners global head called Impax a “pioneer” in the space, with it focusing, for more than 20 years, on the transition to a more sustainable economy.
“We seek to partner with investment managers who are committed to continuous progress in ESG integration,” Mr Burke said.
“As demand for high-quality sustainable products continues to grow, we’re delighted to offer investors access to one of the pioneers in global sustainable investing.”
Sarah Simpkins
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
