City of London Investment Group Plc

Equities

CLIG

GB00B104RS51

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 11:35:05 2024-04-26 am EDT			5-day change	1st Jan Change
340 ^GBX	+4.62%		+6.92%	+7.26%

Apr. 22	City of London Investment up as quarterly FuM rise	AN
Apr. 22	PayPoint rises as stays on track	AN

City of London Investment Group reports drop in FuM

October 13, 2023 at 10:04 am EDT

City of London Investment Group PLC - specialist asset management group offering a range of institutional and retail products investing primarily in closed-end funds - Reports its funds under management as at September 30 were USD8.9 billion, down from USD9.4 billion as at June 30. Net investment outflows over the period to September 30 were USD152 million. Explains weaker market conditions and poor sentiment pushed closed-end fund discounts wider and was compounded by weak net asset value performances.

Current stock price: 336.00 pence, down 4.1%

12-month change: down 8.7%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Latest news about City of London Investment Group Plc

City of London Investment up as quarterly FuM rise	Apr. 22	AN
PayPoint rises as stays on track	Apr. 22	AN
The City of London Investment Trust Buys Back Shares	Mar. 07	MT
City of London Investment Trust Buys Back Shares	Mar. 06	MT
StanChart prospers while stocks take a breather	Feb. 23	AN
City of London Investment Group funds under management grow	Feb. 23	AN
City of London Inv Group increases FuM	Feb. 23	AN
Stocks mixed; StanChart drives FTSE 100 higher	Feb. 23	AN
City of London Investment Group Plc Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 23	CI
City of London Investment Group Plc Announces Board Changes	Feb. 23	CI
City of London Investment Group Plc Declares Interim Dividend in Respect of the Year Ending 30 June 2024, Payable on 28 March 2024	Feb. 23	CI
FTSE to open flat despite record gains in NY	Feb. 23	AN
European stocks boosted by ECB and Fed minutes	Feb. 22	AN
Stocks up as UK retail sales soften GDP jitters	Feb. 16	AN
City Of London beats index, quits Wellington and hires Beazley CFO	Feb. 16	AN
Stocks up on US gains, overlooking rates fears	Jan. 22	AN
City of London Investment Group reports modest improvements in 2023	Jan. 22	AN
Hedge fund Palliser urges changes at Samsung C&T -sources	Dec. 06	RE
City of London Investment Group plc Approves Final Dividend, Payable on 27 October 2023	23-10-23	CI
City of London Investment Group plc Announces Board Committee Changes	23-10-23	CI
FTSE 100 Finishes Down as Energy Stocks Show Resilience	23-10-13	DJ
City of London Investment Group reports drop in FuM	23-10-13	AN
City of London Investment Group plc Proposes Final Dividend, Payable on 27 October 2023	23-10-13	CI
Aston Martin CEO ups stake; Alkemy's lithium deal	23-10-03	AN
City of London Investment Group Names New Chair, COO	23-10-03	MT

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Company Profile

City of London Investment Group PLC is a United Kingdom-based asset management company, consisting of two wholly owned subsidiaries that invest primarily in closed-end funds for the benefit of their respective clients. The Company, through its subsidiary City of London Investment Management Company Limited (CLIM), which historically specialized in Emerging Markets and has expanded its range to International, Opportunistic Value and Frontier strategies, for primarily institutional clients. The Company, through its subsidiary Karpus Investment Management (KIM), provides closed-end fund strategies across all asset classes to wealth management clients in the United States. The client base of its two operating subsidiaries is long-term and United States-based, and includes pension funds, foundations, endowments and other institutional money managers. The Company operates in the United States, Canada, United Kingdom, Europe, and others.

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Investment Management & Fund Operators

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2024-09-15 - Q4 2024 Earnings Release (Projected)

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