image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates

City of London Group

February 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • CLIG
  • Price:
  • 447p
A very sound interim from the specialist emerging markets fund manager, which has continued to see gains in funds under management, which stood at $5.5bn at the end of November, an increase of 17% year-on-year in dollar terms and 24% in sterling terms. That reflected continued strength in emerging markets and net new client money.Overall for the six months to 30 November, gross fee income increased by 25% to £17.2m and profit before tax (excluding the £0.4m exceptional costs relating to the move to the main market) increased by 30% to £6.2m. Earnings increased by 33% to 16.6p (excluding the exceptional) and with no real need for the money, CLIG has raised its interim dividend by 14% to 8p (with the full year dividend expected t ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

City of London Investment Group (July 2011)
City of London Investment Group - Emerging markets fund manager with bottom-left-top-right chart (December 2010)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe

SUBSCRIBE NOW