Impax Asset Management has entered into an agreement to acquire the European assets of SKY Harbor Capital Management, a fixed income manager. Impax said the acquisition marks an important step in its strategy to expand fixed income business and follows the agreement to acquire the assets of Absalon Capital Management.
Based in Greenwich, CT, SKY Harbor is a specialist investment firm focused on the management of fixed income corporate high yield securities and leveraged loans for institutional investors, private wealth advisers and multi-asset managers.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.