20th Jan 2025 12:18
City Of London Investment Group PLC - trust, whose products invest primarily in closed-end funds - funds under management totalled USD9.95 billion at December 31, down 2.9% from USD10.24 billion at June 30. Net investment outflows totalled USD564 million. The company says: "Strong market returns over the six months led to client rebalancing, asset allocation changes, and included a large client drawing down cash management capital for acquisitions." Read More
