9th Jan 2015 08:23
LONDON (Alliance News) - Impax Asset Management Group PLC on Friday posted a rise in assets under management in the final three months of 2014, its financial first quarter, boosted by inflows into third-party listed equity funds.
Impax said its total assets under management at December 31 was GBP2.93 billion, up from GBP2.76 billion at September 30.
It posted net inflows over the quarter of GBP59 million, comprising GBP53 million from third-party listed equity funds and GBP6 million from Impax-branded listed equity funds.
The company said the boost to its third-party listed equity funds came most from investors in the US and Continental Europe.
Shares in Impax were untraded on Friday morning, having last traded at 52.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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