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City of London FUM falls

15 February 2016 14:25

City of London Investment Group's funds under management fell to USD3.8bn in the year to the end of December - down from USD4.2m on 1 July, the start of its financial year, and USD4.0bn at the end of 2014.

Revenues representing the group's management charges on FuM, were GBP11.8 million (2014: GBP12.2 million) Profit before tax fell to GBP3.6 million (2014: GBP4.3 million)

At 2:25pm: (LON:CLIG) City of London Investment Group PLC share price was +11.5p at 298.5p

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