CLIG’s website reveals that its Funds under Management (FuM) on 30 June 2019 was US$5,396m: this is 3.6% above our forecast of $5,207m. In 4Q CLIG’s FuM rose 2.4% while MSCI Emerging Market Total Return Index rose only 0.6%. On 16 April CLIG’s 3Q IMS revealed 13.9% rise in FuM to US$5,268m (MSCI Emerging Market Total Return Index rose 9.9%) and reminded investors: CLIG has an active pipeline across all major CEF offerings, with increased interest continuing to be seen in the
08 Jul 2019
June FuM exceeds forecast
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June FuM exceeds forecast
City of London Investment Group PLC (CLIG:LON) | 319 0 0.0% | Mkt Cap: 161.7m
- Published:
08 Jul 2019 -
Author:
Robin Savage -
Pages:
9
CLIG’s website reveals that its Funds under Management (FuM) on 30 June 2019 was US$5,396m: this is 3.6% above our forecast of $5,207m. In 4Q CLIG’s FuM rose 2.4% while MSCI Emerging Market Total Return Index rose only 0.6%. On 16 April CLIG’s 3Q IMS revealed 13.9% rise in FuM to US$5,268m (MSCI Emerging Market Total Return Index rose 9.9%) and reminded investors: CLIG has an active pipeline across all major CEF offerings, with increased interest continuing to be seen in the