Impax Asset Management Group
IPX.L (LSE)
Impax Asset Management Group is a top-rated asset management firm recognized for its growth potential. With a substantial dividend yield of 7.11%, it could be an attractive option for investors seeking reliable income, despite recent performance showing a 1-year return of -20.19% and a significant 5-year return of -80.84%. Analysts are optimistic, giving it an A+ rating, indicating strong confidence in its future prospects.
Pros:
- High dividend yield
- Focus on environmental markets
Cons:
- Negative 1-year and 5-year returns
- High volatility indicated by beta of 1.54
Impax Asset Management Group (IPX.L) may be suitable for income-focused investors willing to accept higher volatility and potential capital loss, given its robust dividend yield of 7.11% despite recent poor performance. Those with a long-term investment horizon and a belief in the firm's future growth potential may find it a compelling addition to their portfolios, although caution is warranted due to its significant decline over the past five years.