Impax Asset Management, a London-based investment firm with a $50 billion portfolio, plans to increase its credit exposure significantly.

The firm aims to shift its investment strategy from being solely focused on equities to a more balanced approach, with a target of a 50-50 split between equities and credit.

CEO Ian Simm highlighted that this diversification is intended to showcase the firm's ability to effectively manage both asset classes to clients.

This move is part of a broader strategy to boost revenue streams and drive growth within the firm.