Impax Global Environmental Markets Fund’s Q1 2025 Investor Letter

Impax Asset Management, an investment management company, released its “Impax Global Environmental Markets Fund” first quarter 2025 investor letter. The MSCI All Country World Index (MSCI ACWI), which measures global equities, declined in Q1 as the strength turned negative due to uncertainty surrounding US tariffs. The strategy declined and slightly underperformed its primary benchmark, the MSCI ACWI, during the quarter. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

A copy of Impax Global Environmental Markets Fund’s Q1 2025 investor letter can be downloaded here.