Impax Asset Management Share News (IPX)

Impax Asset Management profit plunges on higher costs

(Alliance News) - Impax Asset Management Group PLC on Wednesday reported a drop in its full-year profit as costs rose, and also said it suffered net outflows.

LONDON BROKER RATINGS: JPMorgan cuts Diageo to neutral from overweight

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Impax assets under management narrow in fourth quarter

(Sharecast News) - Investment firm Impax Asset Management reported a decrease in its assets under discretionary and advisory management (AUM) for the fourth quarter ended 30 September on Monday, while marking an annual increase.

IN BRIEF: Impax Asset Management reports fall in assets, client delays

Impax Asset Management Group PLC - London-based sustainability-focused specialist investor - Assets under discretionary and advisory management at the end of its financial year on September 30 total GBP37.4 billion, down 5.8% from July 1, but up 4.8% over the 12 months as a whole. The annual rise includes overall net outflows of GBP92 million, Impax says. Notes investment conditions remained challenging in its final quarter, as "moderate" redemption from several distribution partners added to the hit from market-driven falls in net asset value. Says macro-economic environment is causing some clients to delay deploying capital, but Impax still is confident it can convert its pipeline.

LONDON BRIEFING: Metro Bank secures deal to shore up finances

(Alliance News) - Stocks in London are set to open higher on Monday as interest rate expectations held steady despite Friday's bumper US nonfarm payrolls report.

LONDON BROKER RATINGS: SocGen raises Next to 'buy' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

UK dividends calendar - next 7 days

Impax AuM falls 1pc over third quarter

(Sharecast News) - Impax Asset Management updated the market on the development of its assets under discretionary and advisory management (AuM) for its third quarter on Monday.

IN BRIEF: Impax Asset quarterly assets under mangement down

Impax Asset Management Group PLC - London-based environmental investment trust - Records assets under management of GBP39.7 million as at June 30, down 1.0% from GBP40.1 million on March 31.

IN BRIEF: Impax Asset Management Non-Exec Wilson buys 9,000 shares

Impax Asset Management Group PLC - London-based environmental investment trust - Non-Executive Director Annette Wilson buys 9,036 shares at 638.2 pence, worth GBP57,668, in London on Tuesday.

UK dividends calendar - next 7 days

Impax profits decline as revenue remains stable

(Sharecast News) - Impax Asset Management reported a rise in assets under management to £40.1bn at the end of its first half on Wednesday, from £38bn a year earlier, and £35.7bn in the second half of 2022, while its profits declined.

Impax Asset Management shares fall on worsened interim performance

(Alliance News) - Impax Asset Management Group PLC on Wednesday said that it had performed well despite difficult market conditions, as it posted a decline in both revenue and profit for the first half.

LONDON BRIEFING: Prudential CFO leaves over code of conduct breach

(Alliance News) - Stocks in London were called to open down on Wednesday, as the US government edges closer to its debt ceiling deadline and after some weak manufacturing data in China.

IN BRIEF: Impax Asset notes subsidiary's deal with BNPP AM France

Impax Asset Management Group PLC - London-based environmental investment trust - Says subsidiary Impax Asset Management Ireland Ltd enters into investment advisory deal with BNP Paribas Asset Management France, a subsidiary of BNP Paribas Asset Management Holding. Says its subsidiary will provide services to BNPP AM France in relation to two investment funds. BNPP AM France will pay a fee to IAMI for the service on quarterly basis.