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Hardman & Co Research: City of London Investment Group (CLIG): Finishing ahead in a volatile year for markets

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Hardman & Co Research
Hardman & Co Research: City of London Investment Group (CLIG): Finishing ahead
in a volatile year for markets

18-Jul-2019 / 16:10 GMT/BST

*Hardman & Co Research: Finishing ahead in a volatile year for markets*

City of London has announced its pre-close trading update for FY2019. After a
volatile fourth quarter, FUM finished ahead of the end-March figure, at
$5.39bn. This was an increase of $282m (5.5%) over a year ago, of which $96m
was net inflows, with the balance from market movements. As indicated in the
quarterly statements, both the Developed Markets and Opportunistic Value
strategies saw net inflows over the year. Emerging Markets and Frontier
Markets experienced net outflows. Performance in the Emerging Markets strategy
was good, with outperformance of ca.300bps over the year.

Please click here for the full report:

volatile-year-for-markets/ [1]

|*To contact us:* |*Contact:* | |
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|Hardman & Co |Brian Moretta | |
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|www.hardmanandco.com | | |
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*click here [2] *to read the statement.*

*About Hardman & Co:* For the past 21 years Hardman has been producing
specialist research designed to improve investors' understanding of companies,
sectors, industries and investment securities. Our analysts are highly
experienced in their sectors, and have often been highly rated by professional
investors for their knowledge. Our focus is to raise companies' profiles
across the UK and abroad with outstanding research, investor engagement
programmes and advisory services. Some of our notes have been commissioned by
the company which is the subject of the note; this is clearly stated in the
disclaimer where this is the case.

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.

Our research is provided for the use of the professional investment community,
market counterparties and sophisticated and high net worth investors as
defined in the rules of the regulatory bodies. It is not intended to be made
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the note for the full disclaimer.

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

843527 18-Jul-2019

1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ec01c758158bf0ff6e2570efb32f3371&application_id=843527&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5a632f52f80bd372265e4041a743aa1c&application_id=843527&site_id=vwd&application_name=news

(END) Dow Jones Newswires

July 18, 2019 11:10 ET ( 15:10 GMT)

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