Impact Asset Management
Impact Asset Management GmbH (I-AM) specialises in the selection, analysis and management of ESG and impact strategies. The company systematically integrates sustainability and impact considerations into its investment processes. I-AM has been part of Erste Asset Management GmbH since December 2024.
The investment policy pursues the goal of contributing to the achievement of the UN Sustainable Development Goals through the investment strategy in ESG-compliant securities, impact investment via microfinance and a responsible investment approach. Our investment objective is to generate social, environmental and financial returns as a "triple bottom line" asset manager. Collaborations complement our investment processes and promote the exchange of knowledge at an international level.
The aim of all products is continuous capital growth but with a focus on security and risk minimisation. In rising markets the focus is on performance optimisation. In falling markets the focus is on active risk management in order to protect the consigned assets from heavy losses.
The business focus is on institutional clients and high net worth individuals. Our goal is to increase our customer base in close collaboration with banks, online businesses and distributors and to expand into new markets in the coming years.
Management Team
Günther Kastner
is founder, Managing Director and CEO of Impact Asset Management GmbH. Before founding the company he was chairman and Head of Portfolio Management (CIO) of Vienna Portfolio Management AG. He has more than 28 years of experience in asset management.
Daniel Feix
is Managing Director of Impact Asset Management GmbH.
He has been with the company since 2002, starting his career as a fund manager, later taking on the role of Head of Portfolio Management and has many years of expertise in the international financial markets. Daniel Feix is also responsible for relationship management of institutional clients.
Magda Ujwary
is Managing Director and Chief Operations Officer of Impact Asset Management GmbH. She has many years of management experience in the Austrian investment fund industry and a deep understanding of strategies and processes.
History
The current Impact Asset Management GmbH was established in Vienna in April 2006 as a successor to Vienna Portfolio Management AG.
In its very first year, the company launched the I-AM Vision Microfinance Fund, a microfinance fund. The fund invests in microfinance institutions that provide micro-entrepreneurs with access to finance through microloans.
Over the years, the company has taken on fund management for numerous other funds, which have received multiple awards and accolades from the financial sector.
Impact Asset Management is one of the first signatories to the UN PRI (‘Principles for Responsible Investment’) in Austria and has thus voluntarily committed to incorporating environmental, social and governance (ESG) considerations into its investment processes.
In December 2024, Erste Asset Management GmbH acquired 100 per cent of the shares in Impact Asset Management GmbH. At that time, assets under management totalled around EUR 4.45 billion.
Remuneration Policy
Legal Disclaimer
This marketing document is provided for non-binding information purposes only and does not represent any offering or invitation to purchase or sell units in an investment fund, and nor should it be deemed an invitation to submit an offer for conclusion of any contract on investment services or collateral performance. This document cannot replace the advice of your personal investment advisor. Any unauthorized use hereof, in particular its reproduction, processing, transmission or publication is forbidden. The author hereof as well as any enterprises affiliated with them exclude herewith all and any liability in full for the correctness, completeness or actuality of the information contained and opinions stated herein. All performance figures indicated are gross performance figures.
Please note: Fund-based investments are subject to general economic risks as well as fluctuations in value which may result in losses – and even the total loss of the capital invested. Express reference is made to the detailed risk notices provided in the prospectus. Unit classes denominated in foreign currencies entail an additional currency risk.
Their performance may rise or fall due to currency fluctuations.