REG - City of Lon Inv Grp - Trading Update for the quarter to 31 March 2026

City of London InvestmentAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260420:nRST0106Ba&default-theme=true

RNS Number : 0106B  City of London Investment Group PLC  20 April 2026

City of London Investment Group PLC

20 April 2026

 

 

CITY OF LONDON INVESTMENT GROUP PLC

("City of London" or "the Group" or "the Company" or "CLIG")

TRADING UPDATE FOR THE QUARTER TO 31 MARCH 2026

 

City of London (LSE: CLIG), a leading specialist asset management group
offering a range of institutional and retail products, provides a trading
update for its quarter ending 31 March 2026. The numbers that follow are
unaudited.

 

Funds under Management ("FuM") decreased by 3% to $10.9 billion as of 31 March
2026 as compared to $11.2 billion as of 31 December 2025. FuM has grown to
$11.7 billion as of 15 April 2026.

 

                             FuM ($ million)

                             Dec-25 Actual  Inflows  Outflows  Net Flows  Market & investment performance      Mar-26 (estimate)

 CLIM
 Emerging Markets            3,824          28       (137)     (109)      2                                    3,717
 International Equity        2,576          70       (100)     (30)       (96)                                 2,450
 Opportunistic Value         316            8        -         8          (8)                                  316
 Listed Private Equity       221            -        -         -          (29)                                 192
 Other*                      197            -        (15)      (15)       (15)                                 167
                             7,134          106      (252)     (146)      (146)                                6,842
 KIM
 Growth Balanced             1,448          14       (14)      -          (35)                                 1,413
 Conservative Balanced       1,199          3        (21)      (18)       14                                   1,195
 Tax-Sensitive Fixed Income  572            5        (4)       1          -                                    573
 Taxable Fixed Income        701            4        (14)      (10)       (19)                                 672
 Cash Management             94             3        (3)       -          10                                   104
 Equities                    88             1        -         1          (4)                                  85
                             4,102          30       (56)      (26)       (34)                                 4,042
                             11,236         136      (308)     (172)      (180)                                10,884

* Includes Frontier and alternatives

Funds under Management figures are rounded

 

Flows & Performance

CLIG saw net investment outflows of approximately $172 million during the
quarter but at a reduced rate compared with prior quarters, driven primarily
by client rebalancing activity, pension de‑risking, and cash needs.

 

Gross inflows totaled $106 million at CLIM, led by International Equity,
alongside $30 million of inflows at KIM, predominantly into Growth Balanced
strategies, reflecting selective but sustained demand across the platform.
Outflows for CLIM were concentrated in Emerging Markets and International
Equity and for KIM, Conservative Balanced.

 

Market and investment performance was a significant headwind in the quarter,
as gains earlier in the quarter were more than offset by heightened volatility
and a sharp March drawdown.

 

Total FuM declined, driven by net outflows and market effects, though strong
relative performance continues to support long‑term positioning and
marketing efforts underscoring ongoing client engagement with core equity
strategies despite a volatile market backdrop.

 

Dividend

The interim dividend of 11 pence per share was paid on 2 April 2026.

 

 

For further information, please visit https://www.clig.com/ or contact:

 

Cooper Abbott, CEO

City of London Investment Group PLC

Tel: 001-610-380-2110

 

Martin Green, Louisa Waddell

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20 3829 5000

 

Past performance is no guarantee of future results.

 

The information contained in this document is intended for infor-mation
purposes only. This document does not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor will any sale of a
security occur in any jurisdiction where such an offer, solicitation or sale
would be unlawful.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTBIGDSGGBDGLR



            Copyright 2019 Regulatory News Service, all rights reserved