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Hardman & Co Research: City Of London Investment Group (CLIG): Keeping steady against weak markets

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Hardman & Co Research
Hardman & Co Research: City Of London Investment Group (CLIG): Keeping steady
against weak markets

10-Oct-2019 / 14:40 GMT/BST

Hardman & Co Research: Keeping steady against weak markets

City of London has announced a trading update for 1Q'20. Weak markets were
largely offset by inflows and outperformance in the Emerging Markets strategy,
meaning FUM finished the quarter at $5.34bn, down $61m from the June figure of
$5.39bn. The main beneficiary of inflows was the Developed Markets strategy,
which received a net $142m, and assets rose 16.5% to $849m. In the Emerging
Markets strategy, outperformance came from positive NAV performances and
narrowing discounts. The Developed Markets strategy was impacted by European
and UK weakness, while Frontier Markets saw an impact from exposure to

Please click on the link below for the full report:

t-weak-markets/ [1]

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

To contact us: Contact:

Hardman & Co Brian Moretta bm@hardmanandco.com
35 New Broad Street
London +44 20 7194 7622


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Hardman & Co Research can still be accessed for free after MiFID II. Please
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
available to unsophisticated retail investors. Anyone who is unsure of their
categorisation should consult their professional advisors. This research is
neither an offer, nor a solicitation, to buy or sell any security. Please read
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

888489 10-Oct-2019

1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=d27f9ee86086173ab0708bf4f40b782c&application_id=888489&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5a632f52f80bd372265e4041a743aa1c&application_id=888489&site_id=vwd&application_name=news

(END) Dow Jones Newswires

October 10, 2019 09:40 ET ( 13:40 GMT)

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