Impax Asset Management (GB:IPX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Impax Asset Management Group plc has expanded its fixed income offerings by completing the acquisition of Absalon Corporate Credit’s assets, a Copenhagen-based manager with £355 million under management. The addition of Global High Yield and Emerging Market Corporate Debt strategies increases Impax’s fixed income AUM to approximately £3.1 billion, with a diverse team of 20 professionals post-acquisition. This move signifies Impax’s first venture into offering fixed income solutions outside North America through their UCITS platform.
For further insights into GB:IPX stock, check out TipRanks’ Stock Analysis page.
