Clime Investment Management LtdASX: CIW

Sale of Clime International Fund

· Issued by Clime Investment Management Ltd

Filed with ASX · · 1 page · English

Summary by 6ix AI

Clime Investment Management Ltd has announced the sale of the Clime International Retail Managed Investment Scheme to a new market entrant. The transaction involves a cash consideration, with Clime continuing to manage the fund until the purchaser launches operations in Australia. This divestment aligns with Clime's strategy to streamline operations and focus on its wholesale business. The announcement has been approved by the Board of Directors for release to the ASX.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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