Clime Investment Management

Funds management

Clime IM appoints former adviser as portfolio manager

Clime Investment Management has appointed a portfolio manager on its Clime International Fund, who transitions from his role as a private bank financial adviser....

Funds management

Clime IM appoints 2 to business

Clime Investment Management has appointed two to its operations team, focusing on managed funds, as it continues its cost-cutting process....

Funds management

Clime IM makes ‘rapid return’ to profits following shareholder backlash

Clime Investment Management has declared a small profit in the December quarter following a statutory loss of $3.8 million in FY24 and subsequent shareholder backlash....

Funds management

Clime enacts urgent corrective actions after shareholder backlash

Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitabili...

Funds management

Clime IM forecasts $1m savings from cost reduction program

Clime Investment Management expects to see $1 million reduction in operating costs as a result of a cut in board and leadership costs....

Financial planning

Clime IM appoints 4 amid cost-cutting ‘scrutiny’

Clime IM has made four appointments amid a strict cost-cutting strategy to reduce executive overheads, following the resignation of three non-executive directors last wee...

Funds management

Clime IM suffers mass board exit

Clime Investment Management has announced that all three of its non-executive directors have resigned from the company’s board....

Funds management

Clime suffers $3.8m loss post-Madison divestment

Clime Investment Management has reported a statutory loss of $3.8 million for FY24 following a “challenging period” for the firm, however is on a “clear path to recovery”...

Funds management

Clime identifies $1m pa savings from Madison divestment

Clime Investment Management believes its FY25 operating costs will be “substantially lower” after identifying $1 million per annum in cost savings from the Madison divest...

Funds management

Clime IM appoints acting MD after Donat’s exit

Clime Investment Management has appointed an acting managing director following the resignation of group chief executive Annick Donat....

Funds management

Clime IM’s wealth management M&A spree

As Annick Donat announces she will step down as group CEO from Clime Investment Management, Money Management takes a look back at the M&A moves made by the firm during he...

Funds management

Clime Investment Management group CEO to depart

Clime Investment Management has announced its group CEO Annick Donat is to depart from the firm after four years....

Financial planning

Infocus completes Madison deal to create $17bn licensee

Licensee Infocus Wealth Management has announced it has completed the acquisition of Madison Financial Group, increasing its adviser number to more than 200....

Funds management

Clime seeks to boost profitability with TIP tie-up

Clime Investment Management has entered into negotiations about a strategic business alliance with listed investment house Teaminvest Private Group in a move to return th...

Funds management

The winners and losers in funds management in 2023

Platinum Asset Management and Clime Investment Management have both seen steep downturns in their share prices this year, while Magellan is set to end a difficult year in...