Following our September 18, 2017 announcement that Impax Asset Management and Pax World Management were set to join forces, we are delighted to inform you that the transaction has now completed, creating an integrated investment manager focused on the transition to a more sustainable global economy. Impax has released a formal announcement to the London Stock Exchange.
Pax World Management LLC has been renamed Impax Asset Management LLC, becoming a sister company to Impax Asset Management Ltd, which is Impax’s regulated investment manager based in London. However, the name of Pax World Funds and all the mutual funds within the Pax World family will remain unchanged, as will the investment approach.
As previously reported, the investment and support/client service teams at both companies will remain in place. We have already taken steps to share knowledge and pool our collective expertise in order to offer our clients around the world deeper research and a broader range of investment strategies.
We would like to thank you for your continued support. Should you have any questions, please be in touch with your regular sales or client service contact for further information.