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Companies >
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City of London Investment Group PLC >
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City of London Investment Group (CLIG LN) - FuM doubles to US$ 11 billion

  • 20 Jan 2021

City of London Investment Group (CLIG LN) - FuM doubles to US$ 11 billion


City of London Investment Group PLC (CLIG:LON) | 496 -69.4 (-2.7%) | Mkt Cap: 251.4m


  • Zeus Capital
    • Robin Savage

    • 3 pages

Asset Management image


 
Asset Management image


What’s new: Ahead of the publication of the Group’s interims results for the six months to 31 December 2020, CLIG has released a detailed trading update which reveals:  Group consolidated FuM of US$11.0 billion (£8.0 billion), which is twice the FuM of US$5.5 billion (£4.4 billion) at the Group’s year end on 30 June 2020;  The merger with Karpus Management Inc ("KMI") added c US$3.6 billion from 1 October 2020;  Investment performance across CLIG’s investment strategies was “strong”, fol ....

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City of London Investment Group (CLIG LN) - FuM doubles to US$ 11 billion


City of London Investment Group PLC (CLIG:LON) | 496 -69.4 (-2.7%) | Mkt Cap: 251.4m


  • Published: 20 Jan 2021
  • Author: Robin Savage
  • Pages: 3
  • Zeus Capital


What’s new: Ahead of the publication of the Group’s interims results for the six months to 31 December 2020, CLIG has released a detailed trading update which reveals:  Group consolidated FuM of US$11.0 billion (£8.0 billion), which is twice the FuM of US$5.5 billion (£4.4 billion) at the Group’s year end on 30 June 2020;  The merger with Karpus Management Inc ("KMI") added c US$3.6 billion from 1 October 2020;  Investment performance across CLIG’s investment strategies was “strong”, fol ....


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