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Clime Asset Management's (ASX: CIW) MD Michael Baragwanath has steered the ship through a spate of redundancies, to invest more in the front line. He says the business now is in "clear skies."
The Investment Manager has been actively re-positioning its portfolio to deliver improved performance in 2025. It continues to shift away from the over-valued areas of the market including banks, rotating funds into an improving consumer outlook as the domestic economy strengthens.
Michael Baragwanath says while the company remains firmly focused on providing private wealth advice and investment solutions tailored for high net worth and sophisticated investors, and now the transformational work has been done the listed-entity is positioned for growth.
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