Business
Trading Update for the quarter to 31 March 2026
City of London Investment Group PLC reported a decrease in Funds under Management (FuM) to $10.9 billion as of 31 March 2026, down 3% from $11.2 billion at the end of the previous quarter, with net investment outflows of approximately $172 million primarily due to client rebalancing, pension de-risking, and cash needs. Despite these outflows and a significant headwind from market performance, gross inflows totaled $106 million at CLIM and $30 million at KIM, and FuM has since recovered to $11.7 billion as of 15 April 2026, with the company also having paid an interim dividend of 11 pence per share on 2 April 2026. Disclaimer*
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n\nCity of London Investment Group PLC\n20 April 2026\n \n \nCITY OF LONDON INVESTMENT GROUP PLC\n(\"City of London\" or \"the Group\" or \"the Company\" or \"CLIG\")\nTRADING UPDATE FOR THE QUARTER TO 31 MARCH 2026\n \nCity of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products, provides a trading update for its quarter ending 31 March 2026. The numbers that follow are unaudited.\n \nFunds under Management (\"FuM\") decreased by 3% to $10.9 billion as of 31 March 2026 as compared to $11.2 billion as of 31 December 2025. FuM has grown to $11.7 billion as of 15 April 2026. \n \n\n\n\n\n \n \n\n\nFuM ($ million)\n\n\n\n\nDec-25 Actual\n \n\n\nInflows\n\n\nOutflows\n\n\nNet Flows\n\n\nMarket & investment performance\n\n\nMar-26 (estimate)\n\n\n\n\nCLIM\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nEmerging Markets\n\n\n3,824\n\n\n28\n\n\n(137)\n\n\n(109)\n\n\n2\n\n\n3,717\n\n\n\n\nInternational Equity\n\n\n2,576\n\n\n70\n\n\n(100)\n\n\n(30)\n\n\n(96)\n\n\n2,450\n\n\n\n\nOpportunistic Value\n\n\n316\n\n\n8\n\n\n-\n\n\n8\n\n\n(8)\n\n\n316\n\n\n\n\nListed Private Equity\n\n\n221\n\n\n-\n\n\n-\n\n\n-\n\n\n(29)\n\n\n192\n\n\n\n\nOther*\n\n\n197\n\n\n-\n\n\n(15)\n\n\n(15)\n\n\n(15)\n\n\n167\n\n\n\n\n \n\n\n7,134\n\n\n106\n\n\n(252)\n\n\n(146)\n\n\n(146)\n\n\n6,842\n\n\n\n\nKIM\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nGrowth Balanced\n\n\n1,448\n\n\n14\n\n\n(14)\n\n\n-\n\n\n(35)\n\n\n1,413\n\n\n\n\nConservative Balanced\n\n\n1,199\n\n\n3\n\n\n(21)\n\n\n(18)\n\n\n14\n\n\n1,195\n\n\n\n\nTax-Sensitive Fixed Income\n\n\n572\n\n\n5\n\n\n(4)\n\n\n1\n\n\n-\n\n\n573\n\n\n\n\nTaxable Fixed Income\n\n\n701\n\n\n4\n\n\n(14)\n\n\n(10)\n\n\n(19)\n\n\n672\n\n\n\n\nCash Management\n\n\n94\n\n\n3\n\n\n(3)\n\n\n-\n\n\n10\n\n\n104\n\n\n\n\nEquities\n\n\n88\n\n\n1\n\n\n-\n\n\n1\n\n\n(4)\n\n\n85\n\n\n\n\n \n\n\n4,102\n\n\n30\n\n\n(56)\n\n\n(26)\n\n\n(34)\n\n\n4,042\n\n\n\n\n \n\n\n11,236\n\n\n136\n\n\n(308)\n\n\n(172)\n\n\n(180)\n\n\n10,884\n\n\n\n\n* Includes Frontier and alternatives\nFunds under Management figures are rounded\n \nFlows & Performance\nCLIG saw net investment outflows of approximately $172 million during the qu...