UK's Impax Asset Management jumps as assets edge higher
BUZZ-UK's Impax Asset Management jumps as assets edge higher ** Shares of British asset management firm Impax Asset Management Group IPX.L rise as much as 10% to 104.68 pence
** Co says assets under management totalled £23.3 billion ($31.26 billion) at June 30, up 4.4% from £22.3 billion as at March 31
** "AUM benefitted from strong markets and strong investment performance. This combination can drive future flows, in our view" - Peel Hunt
** YTD, stock is down ~32%
($1 = £0.7453)
(Reporting by Neeshita Beura in Bengaluru)
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