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Impax Laboratories slid after saying Food and Drug Administration inspectors have found continuing problems at its Hayward, Calif.
WSJ: Dow Hits Highest Close Ever
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Bruce Jenkyn-Jones and Ian Simm at Impax Asset Management run the three-year-old Impax Environmental Markets fund, a closed-end fund with 41 million pounds in assets.
FORBES
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The fund, Impax New Energy Investors II, targets EU renewable energy projects, such as wind and solar companies, which expect to have positive cashflows within a year.
FORBES: Impax Fund Reveals Growing ESG Acceptance Among UK Pension Funds