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City of London Investment Group funds under management decrease
(Alliance News) - City of London Investment Group PLC on Friday said funds under management as at the end of 2022 fell from a year before.
The company is an investor that aims for long-term growth in income and capital by investing in London-listed equities.
Funds under management as at December 31 decreased by 0.8% to USD9.15 billion from USD9.22 billion a year prior.
The company declared an unchanged interim dividend of 11 pence per share.
City of London Investment Group shares fell 1.1% to 448.00 pence each on Friday morning in London.
By Tom Budszus, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
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