Impax hires Asia fund manager

Manish Bishnoi joins in October

Impax Asset Management has appointed Manish Bishnoi as co-portfolio manager of its Asia strategies, joining fellow manager Oscar Yang.

Based in Hong Kong, Bishnoi will work with Yang on London-based Impax’s Asian Environmental and Asian Opportunities funds from October 2023.

He succeeds Kirsteen Morrison, who has been interim portfolio manager on both strategies since former manager David Li passed away unexpectedly in October last year.

Bishnoi joins Impax having spent 16 years at Macquarie Asset Management. He was most recently portfolio manager on the firm’s Asian Progress Fund, before which he was a senior investment analyst, focusing on Asian thematic investments.

Yang said: “We’re delighted to welcome Manish to the team in Hong Kong. Manish’s formidable industry experience and in-depth knowledge of the market will ensure we continue to build on our competitive edge.”

Bishnoi added: “The Asia-Pacific region is home to many of the companies that are developing the leading solutions that are driving the transition to a more sustainable economy. Impax has a deep heritage in investing in this space and it’s an honour to join the growing Asian team.”

This article first appeared on Portfolio Adviser.