Impax shares hit as profits fall 46%
Though the sustainable asset manager posted £1.1bn of net inflows
Though the sustainable asset manager posted £1.1bn of net inflows
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The fund manager also reported net outflows of £32m
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Reports say headhunters have already begun the search
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The firm revealed a 61% jump in profits
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The company also makes changes to cash management
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Branch will offer bespoke investment services across southwest London
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Net flows into the firm’s discretionary arm halved
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Firm recovered in Q3 after its failed lending arm had caused profits to plummet 90% in first half
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In a letter to the Swiss asset manager’s board
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It aims to roll out offering across its key regions
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Firm also changes management on global bond strategy
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Adding to bases in London, Guernsey, and Paris
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