Morningstar

Impax Global Opportunities Fund Institutional Class PXGOX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Impax Investment Hub

Morningstar’s Analysis PXGOX

Will PXGOX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PXGOX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PXGOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PXGOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A change at the helm and broader team developments reduce our conviction for now.

Senior Analyst Ronald van Genderen

Ronald van Genderen

Senior Analyst

Summary

A leadership change and recent team developments warrant a more cautious stance. We reinstate the People Pillar rating at Average, a downgrade from Above Average. Impax Global Equity Opportunities continues to benefit from Impax’s established and well-structured investment process, which supports much of the firm’s listed equity platform. Its rigorous fundamental research framework and disciplined blend of bottom-up stock selection with top-down insights remain intact, underpinning the Process Pillar rating of Above Average.

by Ronald van Genderen
Rated on Published on

Unlock our full analysis with Morningstar Investor

Sponsor Center