Business
Half Yearly Results
Half Yearly Results.
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n \nRNS Number : 0012Y City of London Investment Group PLC 20 January 2014 \n \n\n20th January 2014\n \n CITY OF LONDON INVESTMENT GROUP PLC\n (\"City of London\" or \"the Group\")\n HALF YEAR RESULTS TO 30TH NOVEMBER 2013\n \nCity of London (LSE:CLIG) announces half year results for the six months to 30th November 2013.\n \nSUMMARY\n \n• Funds under Management (\"FuM\") of US$3.5 billion (£2.1 billion) at 30th November 2013. This compares with \nUS$3.7 billion (£2.4 billion) at the beginning of this financial year on 1st June 2013 and US$3.9 billion (£2.4 billion) \nat 30th November 2012\n \n• FuM at 31st December 2013 of US$3.5 billion (£2.1 billion)\n \n• Revenues representing the Group's management charges on FuM, were £11.8 million (2012: £15.1 million)\n \n• Profit before tax of £3.3 million (2012: £4.7 million)\n \n• Maintained interim dividend of 8p per share payable on 28th February 2014 to...