Impax Asset Management (GB:IPX) has released an update.
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Impax Asset Management Group, an investment firm dedicated to the sustainable economy, has reported a slight increase in its assets under management (AUM) to £37.2 billion, marking a 0.7% rise over the fourth quarter. Despite net outflows being 37% lower than the previous quarter, the company experienced an overall AUM decrease of 0.6% for the financial year. Impax attributes its positive quarterly performance to favorable market conditions and the recent strategic acquisitions aimed at expanding its fixed income capabilities.
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