Impax Asset Management ( (GB:IPX) ) just unveiled an announcement.
Impax Asset Management reported a 25.7% decrease in assets under management (AUM) for the first quarter of its financial year, totaling £25.3 billion as of March 31, 2025. The decline was attributed to the winding-up of a significant fund mandate and account closures, compounded by negative market returns. Despite these challenges, Impax completed the acquisition of European assets from SKY Harbor Capital Management, adding £1.1 billion in AUM and expanding its fixed income investment capabilities. However, the company anticipates that full-year profits will fall below market expectations due to ongoing market uncertainties and an escalating trade war.
Spark’s Take on GB:IPX Stock
According to Spark, TipRanks’ AI Analyst, GB:IPX is a Outperform.
Impax Asset Management’s overall stock score reflects its robust financial performance, attractive valuation, and positive corporate developments. While technical indicators show some caution, the company’s strategic initiatives and high dividend yield provide strong support for the stock’s future potential.
To see Spark’s full report on GB:IPX stock, click here.
More about Impax Asset Management
Impax Asset Management Group plc is a specialist investor focused on the transition to a more sustainable economy. The company is listed on the AIM and provides investment management services with a focus on sustainability.
YTD Price Performance: -31.41%
Average Trading Volume: 1,075,234
Technical Sentiment Signal: Strong Buy
Current Market Cap: £199.2M
Learn more about IPX stock on TipRanks’ Stock Analysis page.