Clime Investment Management

Funds management

Clime IM hires private credit and property manager

Clime Investment Management has announced its latest appointment to strengthen its private credit and property capabilities ahead of planned product enhancements....

Funds management

Clime IM turnaround program leads to return to operating profit

Clime Investment Management has reported a return to operating profit after a $1.6 million loss a year ago thanks to an aggressive turnaround program....

Financial planning

‘Clear skies ahead’ for Clime IM after cost out completion

Clime’s disposal of advice licensee Madison “needed to happen yesterday”, managing director Michael Baragwanath has told Money Management, as he concludes a severe cost-o...

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...