Clime funds recognised by SQM Research
Clime Investment Management has been awarded superior ratings for three of its funds by research house, SQM Research.
The Clime Smaller Companies Fund, Clime Australian Income Fund and Clime International Fund received four stars, 4.25 and 4.25 stars, respectively. SQM praised all three funds for their combination of top-down and bottom-up analysis and appreciated the experience of their investment teams.
According to Clime’s chief executive, Rod Bristow, the funds ’portfolios represented a strong valuation pipeline and an objective to achieve strong returns in excess of the relevant benchmark for lower levels of risk which allowed to better protect client capital in the accumulation phase.
“We’re pleased to have received these outstanding ratings, recognising the quality of the suite of Clime Group managed funds and the Clime Investment team. This is reflective of our top-quartile performance in the past 12 months across three of these four strategies,” he added.
“We are looking forward to working with financial advisers around the country, assisting with quality investment solutions to help them get back to doing what they do best: giving clients good advice and growing their businesses.”
Recommended for you
A hiring spree is expected in private markets with 90 per cent of firms expecting to maintain or increase their headcount over the next 12 months, according to Preqin.
Abrdn Investments has hired a new global chief executive as Rene Buehlmann steps down after less than two years, it also announced a new senior leadership structure.
Having received bids from Bell Financial Group and AxiCorp, trading platform Selfwealth has confirmed it has entered into a scheme implementation deed after both parties were invited to make a higher bid.
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.