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Impax has entered into agreement to acquire Pax World Management
Impax Asset Management Group has entered into agreement to acquire American asset manager Pax World Management, creating a group with combined AUM of £10.3bn.
US-based Pax was founded in 1971 and has £3.4bn in assets under management. It offers investors a range of active and passive equity and fixed income products. Impax said the investment capabilities...
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