ClearView signals further growth
Publicly listed wealth management group ClearView Wealth has turned in a strong first half, reporting a net profit of $10.3 million.
The group, which substantially evolved out of the financial services assets of health services group Bupa, also signalled further growth intentions.
Commenting on the result, Clearview managing director Simon Swanson said the company was “well positioned to take advantage of current industry consolidation”.
He said ClearView’s performance over the first half of the year reflected the progress it had made towards extracting cost synergies through restructuring and integration.
“We are now focused on the growth initiatives that we have started and will continue in the second half of the year,” Swanson said.
AUTHOR
Mike Taylor
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