Business
Hardman & Co Issues Research Report
Hardman & Co Issues Research Report.
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n \nRNS Number : 2392V City of London Investment Group PLC 14 April 2016 \n\n \n \n \n \nHardman & Co issues research report on City of London Investment Group (CLIG.L)\n \nQ3 boosted by market recovery\nCity of London issued a trading statement for the FY third quarter. Funds under management have benefitted from the equity market recovery and finished the quarter at $3.9bn, a 3% rise over the figure at the end of 2015. Unfortunately this lagged the MSCI Emerging Markets Index rise of 6%. The main factor in this lag was underperformance, with discounts on the underlying Closed End Funds widening and an overweight exposure to small-cap companies within those funds. This follows a lengthy period of outperformance and annualised figures remain first or second quartile across all periods.\n \nhttp://www.hardmanandco.com/docs/default-source/company-docs/city-of-london-investment-documents/14-04-16-q3-boosted-by-market-recovery\n \n \n \n\n\n\n\nTo contact us: \nHardman & Co\n11/12 Tokenhouse Yard \nLondon\nEC2R 7AS\n\n\nContact: Dr Brian Moretta\n [email protected] \nTelephone: +44 20 7929 3399\nFollow us on Twitter @HardmanandCo\n \n \n\n\n\n\n \nwww.hardmanandco.com \n \nAbout Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.\n \nHardman 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.\n \nOur research is provided for the use of the professional investment community, market counterparties and sophis...