Ahead of its AGM on 21 October, CLIG has released a 1Q trading update which reveals: Funds under management (“FuM”) on 30 September 2019 of US$5.3bn (£4.3bn) compared to US$5.4bn (£4.3bn) on 30 June 2019, with negative market movements offset by good investment performance and net inflows. US$140m net inflows in the 3-month period: $12m outflow from Emerging Market strategy funds; $10m inflow to Opportunistic Value strategy funds; and $142m inflow to Developed strategy

09 Oct 2019
1Q IMS reveals $140m net flows

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1Q IMS reveals $140m net flows
City of London Investment Group PLC (CLIG:LON) | 350 -10.5 (-0.9%) | Mkt Cap: 177.1m
- Published:
09 Oct 2019 -
Author:
Robin Savage -
Pages:
3 -
Ahead of its AGM on 21 October, CLIG has released a 1Q trading update which reveals: Funds under management (“FuM”) on 30 September 2019 of US$5.3bn (£4.3bn) compared to US$5.4bn (£4.3bn) on 30 June 2019, with negative market movements offset by good investment performance and net inflows. US$140m net inflows in the 3-month period: $12m outflow from Emerging Market strategy funds; $10m inflow to Opportunistic Value strategy funds; and $142m inflow to Developed strategy