Impact Asset Management

Impact Asset Management GmbH (I-AM) is a leading sustainable asset management company in the German speaking region, which is specialized in asset allocation, analysis and management of impact and sustainable investments. The I-AM team consists of 23 employees.

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

 

Today's Impact Asset Management GmbH was formed from Vienna Portfolio Management AG in April 2006 in Vienna.

The first microfinance fund was launched in 2006, the year the company was founded, with the I-AM Vision Microfinance Fund. It grants loans to microfinance institutions, which pass them on to microentrepreneurs in the form of microloans.

Over the years, the firm has taken on the management of numerous other funds, which have been recognised with major fund awards and seals of approval from the financial sector.

Impact Asset Management is one of the first signatories of the UN PRI ‘Principles of Responsible Investment’ in Austria and is thus voluntarily committed to complying with financial market-relevant environmental, social and governance criteria (ESG guidelines).

In December 2024, Erste Asset Management GmbH acquired a 100 per cent stake in Impact Asset Management GmbH. At the time of the acquisition, the value of assets under management was already 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.