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.