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Impax assets under management up 6% in September quarter

By BFN News | 02:49 PM | Monday 08 October, 2018


Specialist investor Impax Asset Management Group said its assets under management had grown by 6% in the September quarter to £12.5bn. The growth brought the annual increase in assets under management to 72%. 'In the final quarter of Impax's 20th financial year, I'm pleased to report another period of significant growth underpinned by strong net inflows,' chief executive Ian Simm said. 'Asset owners around the world are increasingly seeking investment exposure to the sustainable economy, and Impax continues to build a strong pipeline.' 'During the next quarter we expect to commence the management of over £400m in new mandates that have already been announced publicly.' At 2:49pm: (LON:IPX) Impax Asset Management Plc share price was +1.5p at 259.5p Story provided by StockMarketWire.com

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