Clime’s FUM Surpasses $1 Billion Mark

  • Jan 15, 2020 AEDT
  • Team Kalkine

Clime Investment Management Limited (ASX: CIW) reported strong performance in December 2019 quarter. In terms of FUM growth:

  • Individually Managed Accounts grew 5%
  • Clime Capital grew 0.7%
  • Managed Funds grew 8.3%
  • Separately Managed Accounts (SMAs) grew 14.9%

Because of strong December quarter, the company expects its half-year statutory profit after tax to be materially higher than the first half of the prior financial year.

At AEST 01:18PM, the stock was trading at $0.610 per share, up by 10.909% from its previous close.


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