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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Results from Impax Asset Management beat expectations

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Fund provider Impax Asset Management (IPX:AIM) has been having a great year, as reflected in a soaring share price.
First it struck a deal to buy Pax World Management which is expected to complete in the first quarter of 2018. That will expand its fund range in both the equities and fixed income space.
Then full year results on 29 November (which exclude any contribution from Pax) beat expectations with 6.24p earnings per share versus 5.1p forecast by broker Peel Hunt. Its assets under management increased by 61% over the year to £7.3bn, again beating Peel Hunt’s forecast of £6.8bn.
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The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.