Business
Indices Benchmark Correction
Indices Benchmark Correction.
About this update from Impax Asset Management Group Plc
[{"type":"text","content":"\n RNS Number : 2074Z Impax Asset Management Group plc 10 January 2011 \n \n\nIMPAX ASSET MANAGEMENT GROUP PLC\n\nMSCI/Morningstar benchmark correction\n \nLondon, 10 January 2011 - Impax Asset Management Group plc, (\"Impax\" or the \"Company\"), the AIM listed investment manager focused on the environmental sector, would like to provide a revision to the comparable index data for 2008, which corrects a formatting error within today's results announcement. \n \nThe benchmark returns in relation MSCI and Morningstar indices for 2008 should have read as follows:\n \n· MSCI World -17.9%\n· MSCI Small Cap -19.5%\n· Morningstar equity ecology sector average -30.0%\n· Morningstar alternative energy sector average -40.7%\n \nThe corrections do not relate to the performance of Impax's strategies. \n \n \nEnquiries:\n \nImp...