UK-listed Impax Asset Management has hired Magnus Kristensen (pictured) as head of Nordics responsible for business development and servicing Impax clients based in the region.
He joins from Federated Hermes, where he was also head of Nordics, charged with managing client relationships and driving new business among investors across the region. He previously held similar roles at Jyske Bank and Neuberger Berman.
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Based in the group’s new office in Køge, Denmark, in the new role Kristensen will report to Paul Voûte, co-head of the client group at Impax.
The appointment comes after Impax completed the acquisition of Danish fixed income manager Absalon Corporate Credit in July 2024.
Voûte commented: “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.”
Kristensen added: “Impax is renowned for its expertise in investing in the transition to a more sustainable economy and has a long history of serving Nordic clients. I’m really looking forward to working closely with the whole team to help drive forward its presence in the region.”
