Hardman & Co Research on City of London Investment Group (CLIG): Bounce back in FUM after strong quarter

Hardman & Co Research Hardman & Co Research on City of London Investment Group (CLIG): Bounce back in FUM after strong quarter 31-Jan-2024 / 10:50 GMT/BST The issuer is solely responsible for the content of this announcement. Hardman & Co Research on City of London Investment Group (CLIG): Bounce back in FUM after strong quarter City of London has announced its trading statement for 2Q’24. Both developed and emerging markets bounced back from a weak 1Q’24 and posted gains for the six-month period. Over 1H’24, the MSCI Emerging Markets TR Index increased 4.7% while the MSCI All World ex US Index increased by 5.6%. These led to a strong increase in FUM, which was $9.58bn at 31 December 2023. This is a 2% increase over the 30 June figure, but 8% over the total at the end of 1Q’24. Across the strategies there was some outperformance, notably in Opportunistic Value and Fixed Income offset by some net outflows. Please click on the link below for the full report: https://hardmanandco.com/research/corporate-research/clig-bounce-back-in-fum-after-strong-quarter/ If you are interested in meeting the company, you can register your interest by clicking on the above link. To contact us: Hardman & Co 1 Bonhill Street London EC2A 4DJ www.hardmanandco.com Follow us on Twitter @HardmanandCo Contact: Brian Moretta [e-mail]   Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement. About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report. Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

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1827209  31-Jan-2024