City of London Investment Management Co. LTD
City of London Investment Management Company Ltd is a specialist asset management firm headquartered in London, United Kingdom. Founded in 1991, it focuses on managing investment portfolios for institutional clients—including pension funds, endowments, and family offices—primarily investing in closed-end funds across emerging and frontier markets. The firm has a relatively small employee base and is part of the City of London Investment Group.
Investment Strategy
The firm specializes in investing in closed-end funds, offering concentrated exposure to emerging and frontier markets. Their approach involves deep analytical research, seeking value opportunities, inefficiencies, and discounts to net asset value in listed investment vehicles. City of London Investment Management emphasizes active management and takes significant positions to drive shareholder value, focusing on long-term capital appreciation and diversification across geographies and sectors.
Top Holdings
Equity Positions (81)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
T TWN | TAIWAN FUND | 10.23% | $110.1M | 2,457,652 | $15.43 | $44.81 | +$25.3M |
T TDF | TEMPLETON DRAGON FUND | 7.94% | $85.4M | 8,549,855 | $19.61 | $9.99 | +$2.3M |
C CAF | MS CHINA A SHARE | 7.62% | $82.0M | 5,950,321 | $19.04 | $13.78 | +$8.9M |
A AEF | ABRDN EMERGING MARKETS EX CHINA | 6.72% | $72.3M | 12,175,804 | $6.52 | $5.94 | +$9.2M |
M MXF | MEXICO FUND | 5.89% | $63.4M | 3,608,772 | $15.42 | $17.57 | +$16.4M |