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Clime Investment Management Advances Mandate-Led Model with Retail Advice Exit
6:19pm on Thursday 30th of April, 2026 AEST
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Financial Services
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Clime Investment Management Advances Mandate-Led Model with Retail Advice Exit
6:19pm on Thursday 30th of April, 2026 AEST
Key Points
Sale of retail advice operations completed for $6 million
Agreement to sell Separately Managed Accounts business for $7.7 million
Investment performance outpaces benchmarks with expected material performance fee
Operating costs cut by $2.5 million, targeting further 20% reduction
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Clime Investment Management (ASX:CIW)
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