City of London Investment Group (CLIG) Q3 2026 TU earnings summary

Executive summary

• Funds under Management (FUM) decreased by 3% to $10.9 billion as of 31 March 2026 compared to $11.2 billion at 31 December 2025.

• Net investment outflows of approximately $172 million occurred during the quarter, though at a reduced rate versus prior quarters.

• Market volatility and a sharp March drawdown offset earlier gains, impacting overall performance.

• Interim dividend of 11 pence per share was paid on 2 April 2026.

Financial highlights

• Gross inflows totaled $106 million at CLIM and $30 million at KIM, with outflows concentrated in Emerging Markets, International Equity, and Conservative Balanced.

• FUM as of 15 April 2026 rebounded to $11.7 billion.

Outlook and guidance

• Strong relative performance continues to support long-term positioning and marketing efforts, with ongoing client engagement in core equity strategies despite market volatility.