UK's Impax Asset Management forecasts dour annual profit due to trade war impact on markets
08/04/2025 07:11
April 8 (Reuters) - British investment manager Impax Asset Management IPX.L on Tuesday forecast its full-year profit below market expectations, hurt by a 26% fall in its managed assets as of March-end and the impact of an escalating trade war on global markets. (Reporting by Yamini Kalia in Bengaluru; Editing by Janane Venkatraman) ((Yamini.Kalia@thomsonreuters.com;))
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