Launches & Closures

Ajia links with Impax for $160m Asia-focused environmental fund

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Hong Kong-based Ajia Partners has teamed up with UK environmental market specialist Impax Asset Management to roll out a fund focused on Asian companies that will benefit from the fast growing environmental market in the region and globally. Initial size is £100 million ($160 million) and the fund will be listed on the London Stock Exchange.

Ajia has already been providing research ideas to Impax for the past couple of years, and the two firms have identified a 340 stocks universe with a combined market cap of $600 billion to invest in for the new fund.

Ajia's David