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Impax launches £10m buyback as it reels from SJP blow

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Impax Asset Management has launched a £10m share buyback programme as it battles to recover from the loss of two big St James’s Place mandates.  The sustainable investment firm’s assets under management tumbled by 36% year-on-year to £25.3bn, in the six months to 31 March.  While market conditions and the…

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