City of London Investment Group's funds under management stood at US$4.0 billion at the end of June - a fall of 5% from a year ago.
In sterling terms, FuM increased by 11% to £3.0 billion (2015: £2.7 billion) as a result of the exchange rate moving from 1.57 to 1.33 over the period.
The MSCI Emerging Markets TR Net Index fell 12% over the same period.
Revenues, representing the group's management charges on FuM, were £24.4 million 2015: £25.4 million).
Profit before tax was £8.0 million (2015: £8.9 million).
Basic earnings per share were 23.3p (2015: 26.4p) after a tax charge of 27% (2015: 26%) of pre-tax profits.
A maintained the final dividend of 16p per share is recommended, payable on 31 October to shareholders on the register on 14 October, making a total for the year of 24p (2015: 24p).