A solid first half demonstrates Impax’s ability to trade successfully in choppier markets. It added 6% to AUM to £13.3bn in the period, then another £0.4bn in April. An above-forecast 36% increase in the interim dividend reflects confidence in the underlying outlook, cash generation and enhanced competitive positioning. Fourteen consecutive quarters of positive net inflows reinforces an already strong investment case.
11 Jun 2019
A template for sustainable growth
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A template for sustainable growth
Impax Asset Management Group plc (IPX:LON) | 442 -17.7 (-0.9%) | Mkt Cap: 586.1m
- Published:
11 Jun 2019 -
Author:
Roger Leboff -
Pages:
8
A solid first half demonstrates Impax’s ability to trade successfully in choppier markets. It added 6% to AUM to £13.3bn in the period, then another £0.4bn in April. An above-forecast 36% increase in the interim dividend reflects confidence in the underlying outlook, cash generation and enhanced competitive positioning. Fourteen consecutive quarters of positive net inflows reinforces an already strong investment case.