City of London Investment Group Reports Stable Half-Year Results Amid Strategic Growth

The latest announcement is out from City of London Investment ( (GB:CLIG) ).

City of London Investment Group PLC reported its half-year results for the period ending December 31, 2024, highlighting a slight decrease in funds under management to $9.9 billion compared to the start of the financial year. Despite this, the company maintained strong performance across most investment strategies, with net fee income rising to $35.3 million and an unchanged interim dividend of 11p per share declared. The company continues to focus on growth and diversification, with a significant shift in asset composition and strategic efforts to enhance client communications and operational efficiency.

More about City of London Investment

City of London Investment Group PLC is an investment-led organization focused on providing strong long-term performance for its clients. The company manages a diverse range of assets, including fixed income, equities, and emerging markets, with a significant portion of its assets managed by Karpus Investment Management following a merger in 2020.

YTD Price Performance: -10.89%

Average Trading Volume: 33,158

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £170.4M

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