As expected, AUM fell 7% over Q1'26 (1 Oct 25 - 31 Dec 25) to £24.2bn.
Investment performance was marginally negative at -£0.2bn with net outflows of £1.6bn.
Impax’s FY25 results commentary in late-Nov 25 had said that net outflows were likely to persist in the first part of FY26, with net flows improving over the year.
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Impax Asset Management: Q1-26 AUM -7% as expected, forecasts unchanged