Specialist asset manager Impax Asset Management has signed a distribution agreement with BTG Pactual US Capital, a distributor with local relationships across most of the Latin America region.
Under the terms of the agreement and subject to local regulatory standards, BTG Pactual will distribute Impax’s range of Irish-domiciled Ucits funds to its clients in Latin America, which include institutional investors and financial intermediaries.
Impax’s range of Irish-domiciled Ucits funds includes five products: Impax Environmental Markets (Ireland) Fund; Impax Environmental Leaders (Ireland) Fund; Impax Asian Environmental Markets (Ireland) Fund; Impax Global Equity Opportunities Fund; and Impax Listed Infrastructure Fund.
This marks the first time that Impax has actively targeted the Latin America region.
BTG Pactual US Capital is a subsidiary of Banco BTG Pactual, a d financial services global company with more than 6,000 employees and which has extensive presence across Latin America.
Paul Voûte, head of distribution for Europe and Asia Pacific at Impax, said: “BTG Pactual is one of the largest independent financial institutions in Latin America, with considerable reach among asset owners in the region. BTG’s deep distribution capability and established network makes it the prefect partner to help us launch Impax’s products into Latin America.”
Will Landers, head of third party distribution at BTG Pactual, added: “We’re very pleased to be bringing Impax’s UCITS funds onto our platform. There is considerable interest in the areas in which Impax specialises, including environmental markets and the broader idea around investing in the transition to a more sustainable economy.”