St James’s Place ditches manager of lagging £9.9bn fund Investing St James’s Place has ditched one of the managers of a struggling £9.9bn fund as Britain’s biggest wealth manager looks to recover from a troubling year and deliver more value for its customers. Impax, which has co-managed St James’s Place Global Quality Unit Trust since 2021 alongside five other investment houses, has been dropped by [...]
Impax Environmental Markets assets dip while holding out hope for ‘resurgent M&A’ Investing Impax Environmental Markets has reported a 0.5 per cent decline in the net asset value (NAV) of the trust over the six months to 30th June. The investment trust reported a NAV of 429.3p at the end of June, compared to 434.9p as of 31 December 2023. The company, which is the UK’s largest environmental [...]
ESG-focused Impax builds out fixed income offering with new fund acquisitions Asset management Ian Simm, founder and chief executive of Impax said: "This transaction marks an important milestone in our strategy to expand Impax's fixed income capabilities globally".
Impax hit by outflows as investors adopt ‘risk-off’ stance May 29, 2024 ESG-focused Impax Asset Management has seen continued net outflows into 2024 as investors withdraw from sustainable funds, while its investment performance drove a growth in assets under management.
Impax reports ‘improved’ sentiment on ESG-focused investment despite heavy outflows April 9, 2024 ESG-focused Impax Asset Management has noted "improved" investor sentiment in recent months, despite the sector grappling with heavy outflows from sustainable funds.
Impax posts rise in assets under management despite ESG exodus March 12, 2024 ESG-focused Impax Asset Management has reported an uptick in assets under management (AUM) as the wider sector grapples with higher outflows from sustainable funds.