Impax Asset Management ( (GB:IPX) ) just unveiled an announcement.
Impax Asset Management Ireland Limited, a subsidiary of Impax Asset Management Group, has entered into an investment advisory agreement with BNP Paribas Asset Management Europe. This agreement, part of a broader distribution arrangement, involves Impax providing advisory services to BNP Paribas for an investment fund, with fees calculated based on assets under management. As BNP Paribas is a substantial shareholder of Impax, the agreement is considered a related party transaction under AIM Rules. The independent directors, after consulting with Peel Hunt LLP, deem the transaction fair and reasonable for shareholders.
Spark’s Take on GB:IPX Stock
According to Spark, TipRanks’ AI Analyst, GB:IPX is a Outperform.
Impax Asset Management’s overall stock score reflects its robust financial performance and attractive valuation, which are its key strengths. The company faces challenges in technical indicators and recent AUM decline, but strategic acquisitions and a high dividend yield provide support for future potential.
To see Spark’s full report on GB:IPX stock, click here.
More about Impax Asset Management
Founded in 1998, Impax Asset Management is a specialist asset manager with approximately £25.3 billion of assets under management as of March 2025. The company focuses on investing in the transition to a sustainable global economy, addressing challenges such as climate change and resource efficiency. Impax offers a diverse range of investment solutions across multiple asset classes, aiming for superior risk-adjusted returns.
YTD Price Performance: -38.15%
Average Trading Volume: 1,123,370
Technical Sentiment Signal: Buy
Current Market Cap: £175.8M
Find detailed analytics on IPX stock on TipRanks’ Stock Analysis page.