Clime Investment Optimizes Outlook, Slashes Costs

Clime Investment Management Ltd (AU:CIW) has released an update.

Clime Investment Management Ltd has announced an optimistic financial outlook for FY25, with improved revenue guidance bolstered by a new 3-year investment management mandate expected to generate over $0.5m annually. In addition, the company will implement further restructuring initiatives to cut operating costs by $1m per year. These developments follow the retirement of Joint Company Secretary Mr Simon Dutton and the appointment of Steve Lambeth as Portfolio Manager.

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