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Impax Asset Management AUM Falls 8% as Institutional Outflows Weigh on Revenue Outlook

Story Highlights
  • Impax’s assets under management fell 8% to £22.3 billion, driven by sizable institutional outflows despite solid relative investment performance and easing wholesale redemptions.
  • The firm expects full-year revenue of £109–113 million, faces further AUM loss from an investment trust exit tender, and is tightening efficiency while remaining bullish on long-term sustainable themes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Impax Asset Management AUM Falls 8% as Institutional Outflows Weigh on Revenue Outlook

Meet Samuel – Your Personal Investing Prophet

Impax Asset Management ( (GB:IPX) ) has issued an announcement.

Impax Asset Management reported that assets under management fell 8.0% in its second quarter to £22.3 billion as of 31 March 2026, reflecting net outflows of £2.0 billion, mainly from a small number of institutional investors. Despite recent market turbulence, the firm said 63.4% of its assets outperformed in the period, while wholesale outflows eased and flows via its largest distribution partner showed an improving trend.

The company warned that an ongoing exit tender at Impax Environmental Markets plc is expected to result in the loss of most of the assets it manages for that investment trust, though it plans to retain some by offering switches into an equivalent UCITS fund. Following recent outflows and external uncertainties, Impax now expects full-year revenue of £109 million to £113 million and is taking additional steps to improve operating efficiency, while maintaining confidence in long-term demand for sustainable investments, particularly in energy security-related areas.

The most recent analyst rating on (GB:IPX) stock is a Hold with a £134.00 price target. To see the full list of analyst forecasts on Impax Asset Management stock, see the GB:IPX Stock Forecast page.

Spark’s Take on IPX Stock

According to Spark, TipRanks’ AI Analyst, IPX is a Neutral.

Impax Asset Management’s overall score reflects strong valuation metrics and a stable financial foundation, countered by bearish technical indicators and recent financial performance challenges. Strategic initiatives and a high dividend yield offer potential for future recovery.

To see Spark’s full report on IPX stock, click here.

More about Impax Asset Management

Impax Asset Management Group plc is an AIM-listed specialist investment manager focused on the transition to a more sustainable economy. The firm runs actively managed thematic strategies across listed equities, fixed income and private markets, with a particular emphasis on renewable energy, energy efficiency and related sustainability themes.

Average Trading Volume: 654,361

Technical Sentiment Signal: Strong Sell

Current Market Cap: £160.1M

For detailed information about IPX stock, go to TipRanks’ Stock Analysis page.

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