Impax Asset Management Share Discussion Threads

[steadyaway1] 07/10/2022 07:43

I think that's a great result. £0.6bn net inflow over Q4 in an atrocious market goes to show why this trades at such a premium versus peers. Net inflows across all the asset classes as well.

[halight] 02/10/2022 14:11

Well you would think. But its still following the market down. I'm thinking of topping up. I'm Long-term investing . They have interests I'm green energy which should rewarding. The company is well managed and I do belive its been over sold.

[steadyaway1] 28/9/2022 18:52

Helpful to have most AuM in USD with a tanking pound?

[steadyaway1] 20/9/2022 15:57

Increasing risk of 100bps move in the US.

[halight] 20/9/2022 15:39

Shares have been selling off inline with the wider market all summer. I belive it was in May they said their assets under management were down 9% which lead to a downturn in share price. Dose anyone know of any other news why they are down close to 3% today, other than they are following the market down ?

[steadyaway1] 07/9/2022 08:56

Also interesting to see performance relative to benchmark. I imagine a lot of portfolio holdings were probably impacted as much by the covid supply related disruptions as the obvious interest rate expectation increases. So to the extent the former has eased and the latter is stabilising, portfolios should have ample opportunity to shine as everybody thinks a bit longer term as to how we get out of this mess.

[trinka9] 07/9/2022 07:43

Funds under management at end of August £38.0 billion v £38.2 billion at end of July.A very good performance considering how bad Stock markets were in August.Interesting to see inflows during the month.

[crazycoops] 07/9/2022 07:38

AuM as at 31 August is £38bn (from £38.2bn in July).

[bighairyspider] 26/8/2022 18:30

These were £7.50 at the beginning of the week, that's a harsh drop, furthermore from over £14 last year. Solid company - still prepared to hold, bought 6000 shares in 2017, top sliced half last year when IPX appeared to be covid resistant (and going upwards), but the energy crisis is hitting this one hard.

[yogi] 05/8/2022 10:17

This is indeed positive news and suggests share price has some catching up to do ..

[trinka9] 05/8/2022 07:44

Assets up from £34.5 billion at end of June to £38.2 billion at end of July.
Back in the game boys!!

[orange1] 05/8/2022 07:29

Assets under management bounced back hugely in July and Impax now have more assets under management than at any time in 2022: £ 38.2 bn.

[steadyaway1] 08/7/2022 11:00

Helpful point re expected relative outperformance vs benchmark during Q3

[edmonda] 08/7/2022 07:45

Yesterday Impax gave an end of Q3 update on AUM, with a 9% fall from Q2 to £34.5bn mostly due to market moves and investment performance, with only nominal outflows.

On their new FY AUM estimates Equity Dev's fundamental value/share adjusts to 1050p, still materially above current levels. New note is accessible here:

[steadyaway1] 21/6/2022 17:16

Anyone have background to the rise today?

[fegger] 15/6/2022 14:34

Noone can time this market. Topsliced some at 1150 and drip feeding back in using the fee free monthly investment option on my Interactive Investor account.

[steadyaway1] 15/6/2022 14:24

It's pretty savage. Great buying opportunities rarely come around, and when they come around it's usually for a pretty scary reason. Undoubtably a great buying opportunity now, but will there be a better one tomorrow??

[topvest] 15/6/2022 13:49

I boght mine at 50p. Sold about half through top-slicing. Hindsight is a wonderful thing. Keeping the rest now as it's a wonderful business. Should bounce back to c£10 when we get through this bear market. I would expect it to be a "leader" out of this downturn, but its clearly not bottomed yet.

[archie61] 15/6/2022 13:28

I was aware Charlie Ridge sold £900k worth of stock in Dec, I must have missed the part where his wife sold £2M worth @ 1350p! What a result they had.

[topvest] 14/6/2022 16:07

They just need to sit it out and focus on the business.

[cohenra1979] 14/6/2022 15:48

I emailed IPX and received a positive response of confidence in the company but no real detail. I suggested the Directors buy some shares

[steadyaway1] 14/6/2022 15:21

It's driven by assets under management and being an operationally leveraged business. Turbo beta play. It's just a feature of asset managers. Greaham doing well as manages more real assets, but everyone else is getting hit. Not a lot the execs can do! I'd rather they focus on medium term strategy

[topvest] 14/6/2022 12:50

From a chart perspective I was thinking it would bounce from a support level of about £5.

[cohenra1979] 14/6/2022 11:51

Not sure IPX is great at anything at the moment with 60% down on its ATH. I emailed the company and have had no response....its the daily grind of fall fall fall and its not even a tech stock