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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