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  • Impax profit drops as ESG-focused asset manager looks forward to Trump’s return

    Investing

    ESG-focused Impax Asset Management has reported a fall in profit and continued outflows but said Donald Trump’s return to the White House could help its portfolios deliver “excellent returns”. The London-listed firm said on Thursday that its pretax profit came in at £49m for the year ending on 30 September, down six per cent from [...]

    The strong performance of oil and gas firms after the war in Ukraine and regulatory issues have made investors question the ESG label in recent years.

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