Interim results released on 19 February, were precisely in line with management’s pre-close update on 17 January, which revealed: 14% rise in Group Funds under Management to US$5.3bn (£3.9 bn). 1H18 pre-tax profit rose 14% to £6.6m (1H17: £5.8m) The Board has declared an interim DPS of 9p (13% higher than 1H17: 8p). The full interim results provided further additional information, namely: FuM on 31 January 2018 rose 9.4% in January 2018 to US$5.8bn. 1H18 revenues rose
27 Feb 2018
Update shows non-EM inflows
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Update shows non-EM inflows
City of London Investment Group PLC (CLIG:LON) | 315 -3.2 (-0.3%) | Mkt Cap: 159.6m
- Published:
27 Feb 2018 -
Author:
Robin Savage -
Pages:
9
Interim results released on 19 February, were precisely in line with management’s pre-close update on 17 January, which revealed: 14% rise in Group Funds under Management to US$5.3bn (£3.9 bn). 1H18 pre-tax profit rose 14% to £6.6m (1H17: £5.8m) The Board has declared an interim DPS of 9p (13% higher than 1H17: 8p). The full interim results provided further additional information, namely: FuM on 31 January 2018 rose 9.4% in January 2018 to US$5.8bn. 1H18 revenues rose