Clime expands retail offer
Wealth management solutions provider, Clime Investment Management has announced a decision to expand its retail offering by adding four new investment portfolios via the OpenInvest platform.
The new offering would provide retail investors with an opportunity to invest in:
- Defensive income;
- Sustainable income;
- Robust growth; and
- Maximum growth.
Clime, which would be the seventh manager joining OpenInvest platform, said the move would enhance the opportunity for investors to browse and research the investment styles.
“It’s becoming quite evident that self-directed investors, and especially self-managed super fund (SMSF) trustees, want ease of access to professional investment managers, and that is what the OpenInvest platform offers,” Clime’s chief executive, Rob Bristow, said.
“To date, our primary focus has been in the wholesale and sophisticated investor market spaces, and our presence on the OpenInvest platform gives us an opportunity to extend our service offering to the retail market, responding to investor demand for quality investment solutions provided by market specialists.”
Recommended for you
Platinum Asset Management has put its two closed-end funds under strategic review in a bid to reduce the share price discount to pre-tax NTA and maximise shareholder value.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
