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Pin to quick picksCity Lon Inv Share News (CLIG)

Share Price Information for City Lon Inv (CLIG)

London Stock Exchange
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Share Price: 372.00
Bid: 361.00
Ask: 378.00
Change: 14.00 (3.91%)
Spread: 17.00 (4.709%)
Open: 374.00
High: 374.00
Low: 372.00
Prev. Close: 358.00
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IN BRIEF: City of London Investment Group reports drop in FuM

Fri, 13th Oct 2023 15:03

City of London Investment Group PLC - specialist asset management group offering a range of institutional and retail products investing primarily in closed-end funds - Reports its funds under management as at September 30 were USD8.9 billion, down from USD9.4 billion as at June 30. Net investment outflows over the period to September 30 were USD152 million. Explains weaker market conditions and poor sentiment pushed closed-end fund discounts wider and was compounded by weak net asset value performances.

Current stock price: 336.00 pence, down 4.1%

12-month change: down 8.7%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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