12th Jan 2026 12:33
Impax Asset Management Group PLC - London-based investment manager focused on sustainable ventures - Reports total assets under management of GBP24.24 billion as at December 31, down 7.0% from GBP26.06 billion at September 30. The firm reports net outflows of GBP1.63 billion over the three months. Chief Executive Ian Simm says: "Net outflows during the quarter were driven by a small number of institutional clients, while net outflows in our wholesale channel continued to improve. Overall, net outflows have stabilised in recent quarters following a more challenging period around 12 months ago."
CEO Simm adds: "While conditions remain challenging, we continue to see investor appetite for our investment approach and, for example, expect to onboard a new client in the second quarter within our fixed income business. This marks our first significant credit account win following the successful integration of the two teams that we have recently acquired as part of our aim to diversify our product range beyond our traditional strength in actively managed listed equities."
Current stock price: 149.00 pence
12-month change: down 29%
By Tom Budszus, Alliance News slot editor
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