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Hardman & Co Research on City Of London Inv...
Hardman & Co Research on City Of London Inv....
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n \n\n\nHardman & Co Research\n\n\n\nHardman & Co Research on City Of London Investment Group (CLIG): Solid results in volatile markets22-March-2023 / 14:30 GMT/BSTThe issuer is solely responsible for the content of this announcement.\n\n\nHardman & Co Research on City of London Investment Group (CLIG):\n\nSolid results in volatile markets\n\n \n\nCity of London has announced its interim results for 1H’23. The headline figures were in line with those from the January trading statement. As previously indicated, weak markets meant that results were down on the year before. Gross revenue of £28.7m was 9% down, from £31.4m in 1H’22. Underlying earnings after tax were £8.99m, a decline of 25% from the previous year (note that these no longer need to be adjusted for part-years of Karpus). Underlying EPS of 18.4p represented a decline by the same percentage from 1H’22. FUM saw net inflows from a range of areas, including the KIM Institutional strategy showing a return to growth.\n\n \n\nRead the full report: https://hardmanandco.com/research/corporate-research/solid-results-in-volatile-markets/ \n\nIf you are interested in meeting the company, you can register your interest by clicking on the above link\n\n\n To contact us:\n\n Hardman & Co1 Frederick’s Place\n\n London\n\n EC2R 8AE\n\n www.hardmanandco.com\n\n Follow us on Twitter @HardmanandCo\n \n \n Contact:\n\n Brian Moretta\n\n +44(0)203 693 7075\n \n \n \n\n [email protected] \n \n Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.\n\nAbout 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.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\n\n\nEnd of Announcement - EQS News Service\n\n\n\n1589591 22-March-2023 \n\n\n\n ","length":7272,"tagName":"div"}]