In another set of bruising results, Impax is halving its dividend and axing 11% of its workforce after a £3.6bn institutional exodus squeezed interim profits.
Sophie Downes is an Editing Resident at The New York Times. She specializes in finance, investment, and business economics, with a focus on alternative investments, asset management, and investment strategies. Sophie has been featured in several publications, including The New York Times, Captive Insurance Times, and Citywire.




