ESG fund manager Impax has taken another hammering over the past three months as assets fell by more than a quarter.
Impax’s assets were £25.3bn at 31 March, according to its latest trading update, down 26% on the quarter.
Asset Management
Impax assets slump 25% as ESG rout continues
Sustainability focused fund house takes another hit as the tide turns against green investing
ESG fund manager Impax has taken another hammering over the past three months as assets fell by more than a quarter.
Impax’s assets were £25.3bn at 31 March, according to its latest trading update, down 26% on the quarter.