Impax has recorded a strong Q1 of FY23, with AUM growing by £2.3bn (+6.4%), from £35.7bn on 30 Sep 22 to £37.9bn on 31 Dec 22. Market movements, FX and investment performance was responsible for £1.5bn of the increase, while the group continued its impressive record of attracting and retaining client assets, recording £797m of net inflows, up from £606m in the prior quarter.
While market conditions remain uncertain, Impax’s recent net inflow trend does look like an encouraging shift back to a ....
09 Jan 2023
AUM up 6% in Q1 of FY23, in line with forecasts
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AUM up 6% in Q1 of FY23, in line with forecasts
Impax Asset Management Group plc (IPX:LON) | 442 64.1 3.4% | Mkt Cap: 586.1m
- Published:
09 Jan 2023 -
Author:
Paul Bryant -
Pages:
3
Impax has recorded a strong Q1 of FY23, with AUM growing by £2.3bn (+6.4%), from £35.7bn on 30 Sep 22 to £37.9bn on 31 Dec 22. Market movements, FX and investment performance was responsible for £1.5bn of the increase, while the group continued its impressive record of attracting and retaining client assets, recording £797m of net inflows, up from £606m in the prior quarter.
While market conditions remain uncertain, Impax’s recent net inflow trend does look like an encouraging shift back to a ....