UK markets close in 7 hours 1 minute
  • FTSE 100

    7,480.34
    -2.03 (-0.03%)
     
  • FTSE 250

    20,094.38
    -24.06 (-0.12%)
     
  • AIM

    919.84
    -0.07 (-0.01%)
     
  • GBP/EUR

    1.1835
    -0.0010 (-0.09%)
     
  • GBP/USD

    1.2108
    +0.0027 (+0.22%)
     
  • BTC-GBP

    19,682.61
    -93.10 (-0.47%)
     
  • CMC Crypto 200

    556.34
    +13.47 (+2.48%)
     
  • S&P 500

    4,140.06
    -5.13 (-0.12%)
     
  • DOW

    32,832.54
    +29.04 (+0.09%)
     
  • CRUDE OIL

    89.43
    -1.33 (-1.47%)
     
  • GOLD FUTURES

    1,807.20
    +2.00 (+0.11%)
     
  • NIKKEI 225

    27,999.96
    -249.28 (-0.88%)
     
  • HANG SENG

    20,003.44
    -42.33 (-0.21%)
     
  • DAX

    13,630.46
    -57.23 (-0.42%)
     
  • CAC 40

    6,517.10
    -7.34 (-0.11%)
     

Hardman & Co Research: City of London Investment Group (CLIG): Robust profits in tough markets

·2-min read

Hardman & Co Research
Hardman & Co Research: City of London Investment Group (CLIG): Robust profits in tough markets
28-Jul-2022 / 07:15 GMT/BST

Hardman & Co Research:

City of London Investment Group (CLIG): Robust profits in tough markets

City of London has announced its trading update for the final quarter of FY’22. It has been another tough quarter for fund managers, with global markets suffering significant setbacks. CLIM’s two main benchmarks, the MSCI Emerging Markets Net TR Index and the MSCI All Country World Index ex US, declined 11% and 14%, respectively. Against that, it is no surprise that City of London’s total FUM declined from $10.26bn to $9.22bn. This was helped by another quarter of net inflows, with the International strategy adding $183m of net new assets. Against that was underperformance in most of CLIM’s strategies.

Please click on the link below for the full report:

https://hardmanandco.com/research/corporate-research/fighting-the-market-invasion-2/

If you are interested in meeting the company, you can register your interest by clicking on the above link

To contact us:

Hardman & Co
1 Frederick’s Place

London

EC2R 8AE

www.hardmanandco.com

Follow us on Twitter @HardmanandCo

Contact:

Brian Moretta



+44(0)203 693 7075

 

bm@hardmanandco.com

 

Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.

About 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.


Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

End of Announcement - EQS News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting