Impax Asset Management Group (IPX)

Sector:

Financials

Index:

FTSE AIM 50

149.00p
   
  • Change Today:
      0.40p
  • 52 Week High: 332.00p
  • 52 Week Low: 121.00p
  • Currency: UK Pounds
  • Shares Issued: 127.34m
  • Volume: 145,910
  • Market Cap: £189.74m

Impax shares slide as it loses sole SJP mandate

By Josh White

Date: Friday 13 Dec 2024

LONDON (ShareCast) - (Sharecast News) - Shares in Impax Asset Management were sliding on Friday, after it announced the upcoming termination of its mandate to manage the Sustainable & Responsible Equity Fund (SRE) for St James's Place Unit Trust Group (SJP).
The AIM-traded firm said the mandate, valued at about £5.2bn as of 30 November, was expected to end in February pending unitholder approval at an extraordinary general meeting on 9 January.

It said the termination would mark the end of its sole mandate with SJP.

The decision was put down to SJP's strategy to further diversify the fund's investment styles.

Impax said its anticipated revenue impact would be about £12.7m on an annualised basis.

At 0921 GMT, shares in Impax Asset Management Group were down 24.07% at 248.68p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

IPX Market Data

Currency UK Pounds
Share Price 149.00p
Change Today 0.40p
% Change 0.27 %
52 Week High 332.00p
52 Week Low 121.00p
Volume 145,910
Shares Issued 127.34m
Market Cap £189.74m

IPX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.53% above the market average96.53% above the market average96.53% above the market average96.53% above the market average96.53% above the market average
95.92% above the sector average95.92% above the sector average95.92% above the sector average95.92% above the sector average95.92% above the sector average
Price Trend
57.72% below the market average57.72% below the market average57.72% below the market average57.72% below the market average57.72% below the market average
64.36% below the sector average64.36% below the sector average64.36% below the sector average64.36% below the sector average64.36% below the sector average
Income
92.46% above the market average92.46% above the market average92.46% above the market average92.46% above the market average92.46% above the market average
79.31% above the sector average79.31% above the sector average79.31% above the sector average79.31% above the sector average79.31% above the sector average
Growth
74.17% below the market average74.17% below the market average74.17% below the market average74.17% below the market average74.17% below the market average
69.89% below the sector average69.89% below the sector average69.89% below the sector average69.89% below the sector average69.89% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IPX Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Feb-26 12-Jun-25
Paid 20-Mar-26 18-Jul-25
Amount 8.00p 4.00p

Trades for 08-Dec-2025

Time Volume / Share Price
13:15 67 @ 149.20p
13:05 100 @ 149.40p
13:05 134 @ 149.40p
13:02 128 @ 148.80p
13:01 2,493 @ 148.90p

IPX Key Personnel

CEO Ian Simm

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