Impax Asset Management has growing green appeal

Impressive demand for its funds trigger higher earnings expectations
Thursday 18 May 2017 Author: David Stevenson
Environmentally focused Impax Asset Management’s ( IPX:AIM ) first half results to 31 March show £830m of inflows into its funds. Chief executive Ian Simm says the environmental markets in which the firm invests should benefit from the US’s shale and oil industry as there is greater need for clean water, recycling and waste management. Not only has the firm enjoyed a 27% growth in assets in six months,...

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