AUM back on the rise at Impax

The second half of the financial year saw a dramatic fall in assets under management (AUM) at Impax Asset Management, but since the end of September the downward trend has been reversed.

The second half of the financial year saw a dramatic fall in assets under management (AUM) at Impax Asset Management, but since the end of September the downward trend has been reversed.

The investment management firm, which focuses on the environmental sectors, said AUM at the end of September stood at £1,896m, up from £1,823m a year earlier but down from £2,362m at the end of March.

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