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Impax CFO sells on the back of AuM gains

The asset manager's chief financial officer has unloaded another hefty tranche
Impax CFO sells on the back of AuM gains

Impax Asset Management (IPX) not only bumped up its March half-year distribution by a fifth, but it also brought in record net inflows of £1.8bn. Laudable on the face of it, but it was the following quarter when the pandemic made its presence felt in the wider economy.

IC TIP: Hold at 382p

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