LGS hands Impax A$50m mandate

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AUSTRALIA - The Local Government Super (LGS) has awarded specialist environmental investment firm Impax Asset Management Group an A$50M ($46m) segregated mandate.

LGS, which manages about A$6bn in assets for 100,000 local government employees throughout New South Wales, said the mandate will follow Impax's "specialists" investment strategy, which invests in ...

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