Founded in 1998, Impax is a specialist asset manager investing in the transition to a more sustainable global economy. It is active in both listed and private markets strategies.

16 Dec 2019

Foundations laid for further growth

In October 2019, Impax reported impressive AUM growth, closing FY19 on £15.1bn, up 21% on FY18 (AUM continued to rise post year-end, to £15.7bn on 30 November 2019). Now, with the release of its annual results, we see how that growth has underpinned a rock-solid financial performance. Our fair valuation of 350p/share underpins the recent gains.

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