Business
Trading Update 1st Quarter Funds under Management
Trading Update 1st Quarter Funds under Management.
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2981B\n City of London Investment Group PLC\n 07 October 2020\n \n \n \n \n City of London Investment Group PLC\n \n \n 7 October 2020\n \n \n \n \n \n \n \n \n CITY OF LONDON INVESTMENT GROUP PLC\n \n \n (\"City of London\", \"the Company\" or \"the Group\")\n \n \n \n \n \n Trading Update - 1st Quarter Funds under Management (FuM)\n \n \n \n \n \n City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional products investing in closed-end funds, announces that as at 30th September 2020, FuM were US$5.9 billion (£4.6 billion). This compares with US$5.5 billion (£4.4 billion) at the Company's year-end on 30th June 2020. A breakdown by strategy follows:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n FuM ($mn)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Strategy Index\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Sep-20\n \n \n \n \n Jun-20\n \n \n \n \n %\n \n \n \n \n \n \n \n \n \n \n \n Net\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n %\n \n \n \n \n \n \n \n \n \n \n \n \n \n (estimate)\n \n \n \n \n \n \n \n \n \n \n \n inc/dec\n \n \n \n \n \n \n \n \n \n \n \n Flows\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n inc/dec\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n EM\n \n \n \n \n 4,240\n \n \n \n \n 3,828\n \n \n \n \n 11%\n \n \n \n \n \n \n \n \n \n \n \n 39\n \n \n \n \n \n \n \n \n \n \n \n MSCI EM \n \n \n \n \n \n \n \n \n \n \n \n 10%\n \n \n \n \n \n \n INTL\n \n \n \n \n 1,355\n \n \n \n \n 1,244\n \n \n \n \n 9%\n \n \n \n \n \n \n \n \n \n \n \n -10\n \n \n \n \n \n \n \n \n \n \n \n MSCI ACWI xUS\n \n \n \n \n \n \n \n \n \n \n \n 6%\n \n \n \n \n \n \n OV \n \n \n \n \n 268\n \n \n \n \n 256\n \n \n \n \n 5%\n \n \n \n \n \n \n \n \n \n \n \n -5\n \n \n \n \...