Impax Asset Management (GB:IPX) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Impax Asset Management Group plc has announced that St. James’s Place Unit Trust Group Limited will terminate its mandate with Impax for managing part of the Global Quality Unit Trust, which accounts for £774 million in assets. Despite this change, Impax will continue to manage the larger Sustainable & Responsible Equity Fund for St. James’s Place, which has been positively evaluated in a recent report. The revenue impact of the termination on Impax is expected to be minimal.
For further insights into GB:IPX stock, check out TipRanks’ Stock Analysis page.