The group’s Q4 update confirmed that a transformational year (AUM +72%) finished well, with another 6% growth in AUM during the final three months to £12.5bn at end September 2018. That was above our forecast and comprised a £334m net inflow, boosted by £534m of investment performance/FX.
18 Oct 2018
Q4 above forecast, underpins strong outlook
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Q4 above forecast, underpins strong outlook
Impax Asset Management Group plc (IPX:LON) | 458 -27.5 (-1.3%) | Mkt Cap: 607.6m
- Published:
18 Oct 2018 -
Author:
Roger Leboff -
Pages:
6
The group’s Q4 update confirmed that a transformational year (AUM +72%) finished well, with another 6% growth in AUM during the final three months to £12.5bn at end September 2018. That was above our forecast and comprised a £334m net inflow, boosted by £534m of investment performance/FX.