London-based Impax Asset Management has appointed Magnus Kristensen as head of Nordics.
Based in Denmark, Kristensen joins from Federated Hermes, where he was head of Nordics, managing client relationships and driving new business among institutional investors across the region. Prior to this he held similar roles at Jyske Bank and Neuberger Berman and has over two decades of experience in business development and client service.
In his new role he will be responsible for business development in the region. He reports to Paul Voûte, co-head of client group and Viktoria von Kunow, who previously led Impax’s business development activities in the region and will now focus on clients in Germany, Austria and Switzerland.
The appointment comes during a period of growth for Impax in the Nordics. In July 2024 it completed its acquisition of Danish fixed income manager, Absalon Corporate Credit. Formerly part of the Formuepleje Group, Absalon serves European institutional investors and Danish high net worth individuals. Impax has operated in the region since 1999 when it was asked by a Danish bank to design and manage an environmental fund investing in listed equities.
Kristensen and the four portfolio managers from Absalon will be based in Impax’s new Danish office in Køge, near Copenhagen.
Voûte said: “We are excited to welcome Magnus to the team. He has an extensive network and deep knowledge of the Nordic market and having such an experienced individual based in the region will help us in growing our business and providing an excellent service to our existing clients.”
