11th Jan 2016 07:55
LONDON (Alliance News) - AIM-listed Impax Asset Management Group PLC on Monday said it was boosted by net inflows coupled with the effects of market movement and performance in the first quarter of its financial year.
Net inflows added up to GBP28.0 million in the quarter ended December 31, while market movement and performance added GBP232.0 million, increasing assets under management to about GBP3.08 billion from GBP2.82 billion over the course of the three months.
"The three major listed equity strategies with assets under management above USD1.0 billon, leaders, specialists and water, all extended their three year outperformance of the MSCI All Countries World Index during the quarter," the investment manager said.
By Samuel Agini; [email protected]; @samuelagini
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