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Funds under Management grew 13.9% to $12.3bn, with profit before tax up 24.8% to $32.4m and underlying EPS rising 14.2%. Strong investment performance offset net outflows, and a new progressive dividend policy was introduced. The Group remains debt-free with robust cash reserves.Original document…
FuM grew 13.9% to $12.3bn, with net fee income up 9.7% and profit before tax up 24.8% year-over-year. Strong investment performance drove outperformance in key strategies, supporting a 14.2% rise in underlying EPS and a proposed 34p total dividend.Original document: City of London Investment Group…