Impax Asset Management Group (IPX)

Sector:

Financials

Index:

FTSE AIM 50

192.80p
   
  • Change Today:
      4.80p
  • 52 Week High: 443.50
  • 52 Week Low: 121.00
  • Currency: UK Pounds
  • Shares Issued: 132.43m
  • Volume: 236,671
  • Market Cap: £255.33m

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.

Email this article to a friend

or share it with one of these popular networks:


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 192.80p
Change Today 4.80p
% Change 2.55 %
52 Week High 443.50
52 Week Low 121.00
Volume 236,671
Shares Issued 132.43m
Market Cap £255.33m

IPX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.02% above the market average97.02% above the market average97.02% above the market average97.02% above the market average97.02% above the market average
95.96% above the sector average95.96% above the sector average95.96% above the sector average95.96% above the sector average95.96% above the sector average
Price Trend
86.67% below the market average86.67% below the market average86.67% below the market average86.67% below the market average86.67% below the market average
92.45% below the sector average92.45% below the sector average92.45% below the sector average92.45% below the sector average92.45% below the sector average
Income
94.53% above the market average94.53% above the market average94.53% above the market average94.53% above the market average94.53% above the market average
86.21% above the sector average86.21% above the sector average86.21% above the sector average86.21% above the sector average86.21% above the sector average
Growth
76.43% below the market average76.43% below the market average76.43% below the market average76.43% below the market average76.43% below the market average
56.04% below the sector average56.04% below the sector average56.04% below the sector average56.04% below the sector average56.04% 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
  Interim Final
Ex-Div 12-Jun-25 20-Feb-25
Paid 18-Jul-25 21-Mar-25
Amount 4.00p 22.90p

Trades for 04-Jun-2025

Time Volume / Share Price
16:39 828 @ 192.80p
16:35 27,935 @ 192.80p
16:35 17 @ 192.80p
16:35 191 @ 192.80p
16:35 85 @ 192.80p

IPX Key Personnel

CEO Ian Simm

Top of Page