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IPX — Impax Asset Management News Story

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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)

((Neeshita.Beura@thomsonreuters.com))

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