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."
Current stock price: 354.80 pence each, down 6.6% on Monday afternoon in London
12-month change: up 6.6%
By Tom Budszus, Alliance News slot editor
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