City of London Investment (GB:CLIG) has released an update.
City of London Investment Group PLC reported an increase in Funds under Management (FuM) to $10.1 billion as of March 31, 2024, marking a 5.5% rise from the end of the previous quarter. The growth was driven by net inflows of $224 million, with International Equity and Municipal Bond strategies showing strong performance. The company also announced an interim dividend payment and is set to declare the final dividend in July.
For further insights into GB:CLIG stock, check out TipRanks’ Stock Analysis page.
