8th Jul 2015 07:51
LONDON (Alliance News) - Impax Asset Management Group PLC Wednesday reported a fall in assets under management in the third quarter.
Assets under management fell to GBP3.03 billion at the end of June, down from GBP3.11 billion at the end of March.
The investment manager said net inflows of GBP43 million were more than offset by market movements and performance that took GBP122 million away from assets under management.
Impax Asset Management shares were up 0.8% at 48.90 pence on Wednesday morning.
By Samuel Agini; [email protected]; @samuelagini
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