Impax Asset Management Group (IPX)

Sector:

Financials

Index:

FTSE AIM 50

187.20p
   
  • Change Today:
      9.60p
  • 52 Week High: 411.00p
  • 52 Week Low: 121.00p
  • Currency: UK Pounds
  • Shares Issued: 131.01m
  • Volume: 226,534
  • Market Cap: £245.26m

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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IPX Market Data

Currency UK Pounds
Share Price 187.20p
Change Today 9.60p
% Change 5.41 %
52 Week High 411.00p
52 Week Low 121.00p
Volume 226,534
Shares Issued 131.01m
Market Cap £245.26m

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
  Interim Final
Ex-Div 12-Jun-25 20-Feb-25
Paid 18-Jul-25 21-Mar-25
Amount 4.00p 22.90p

Trades for 18-Sep-2025

Time Volume / Share Price
16:35 19,813 @ 187.20p
16:35 4 @ 187.20p
16:35 18 @ 187.20p
16:35 368 @ 187.20p
16:35 53 @ 187.20p

IPX Key Personnel

CEO Ian Simm

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