City of London Investment Management Company Limited (“CLIM”) is a significant long-term investor in closed-end funds (CEFs) and seeks to promote growth in the industry by encouraging CEFs to make their product more attractive to investors.
At City of London, we focus not on gathering assets, but on building products that reflect our expertise. Initially, and for many years since the firm was founded, that expertise was very specific to closed-end funds (CEF) which offered emerging markets exposure. This was subsequently complemented by applying our unrivalled knowledge of closed-end funds around the world to the development of a Frontier Emerging Markets CEF strategy, Developed Markets CEF strategy, a Global Tactical Asset Allocation CEF strategy, as well as a Tactical Income CEF strategy using the same investment process. So today, while we remain both proud and protective of our "boutique" status, we offer a range of products which are defined by the twin pillars of our expertise: emerging markets and closed-end funds. Read more »