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Share Price: 389.50

Bid: 388.50

Ask: 390.50

Change: 1.00 (0.26%)

Spread: 2.00 (0.515%)

Open: 388.50

High: 389.50

Low: 388.00

Prev. Close: 388.50

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Impax Asset Management Reports GBP105.0 Million Quarterly Net Inflow

Tue, 08th Apr 2014 07:12

LONDON (Alliance News) - Impax Asset Management Group PLC Tuesday reported GBP105.0 million in net inflows in the quarter to the end of March, driven by flows into its third party listed equity funds.

In a statement, the investment manager said its assets under management increased to GBP2.55 billion, from GBP2.40 billion in the quarter ended March 31.

Market movement and performance contributed GBP40.0 million to the increase.

"The company continues to receive strong net inflows into its third party listed equity funds," Impax said in a statement.

Impax shares were early Tuesday quoted at 59.00 pence, up 3.5%.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

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