AUM fell to £25.3bn on 31 March ‘25 (Q2, FY25), down 25.7% from £34.1bn on 31 Dec ‘24, with £7.8bn of net outflows and £0.99bn negative investment performance. We knew net outflows would be significant in the quarter due to the previously announced termination of a £5.1bn St James’s Place mandate being reflected in Q2, and some other smaller mandate losses.
Impax Asset Mgmt: Equity Development
Apr 8, 2025Disclaimer & Declaration of Interest
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