City of London Investment FuM Grows to $10.1 Billion

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.

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