www.citlon.co.uk/

int ex 9/2. fin ex 27/11
City of London Investment Management Company Limited operates from four centers, London, Philadelphia (established 1995), Singapore (established 2000) and Dubai (established 2007), managing assets primarily for institutional investors.

In 2002 and 2003 the investment team started to delve deeper into the stages of country development from "developing" to "developed", especially China and India, and the implications thereof, namely, the rise in the consumption of natural resources.

In 2004, using our in-house equities team, we launched the Natural Resources strategy in order to capitalise on the growing demand for natural resources via a stock selection process.

In 2005, we extended our emerging markets expertise into the frontier markets by launching the Frontier Emerging Markets strategy.

In 2009, we applied our unrivaled knowledge of closed-end funds around the world to the development of a Global Closed-End Fund strategy, using the same investment process as in our Emerging Markets Closed-End Fund strategy.

In 2010, our equity team launched the Emerging Market Equity strategy which aims to achieve long term capital growth from investing in companies which derive the majority of their profits from the emerging economies. The strategy provides diversified global emerging markets exposure, although sector and country allocation will be actively managed and stock selection will reflect a strong thematic overlay.

D M. Cardale – Non-Executive Chairman
Barry. M. Olliff – Chief Executive Officer, Chief Investment Officer
Carlos. M. Yuste – Business Development Director
Tom. W. Griffith – Chief Operating Officer


In 2011, our equity team launched the Emerging Market Equity strategy which aims to achieve long term capital growth from investing in small capitalisation companies which derive the majority of their profits from the emerging economies. The strategy provides diversified global emerging markets exposure, although sector and country allocation will be actively managed and stock selection will reflect a strong thematic overlay.

I wish they would recover the only good thing about them for me has been the yield against price at 230 and the current price.

Beter day.

Volumes up today, wonder if thats good or bad.

Stan as long as it keeps to the game plan....

Yep, it seems steady around that 320-330 mark of late.

Still steady in that 320-330 range, but unfortunately traders unlikely to make anything with that silly spread.. still seems to be heading in the right direction these days maybe fundies being trickled in.

Just over 3% spread at the mo, an absolute killer for trading isn't it.

Stan, have you tried a trade to see what you get offered?

No, as I've had a sell order in for some time and the silly spread is in keeping with their norm, but point taken they might bite if I try an individual sell order.

Another B. like this one is CNCT!

I was just offered 332.5 to sell and 338 to buy for 1500.

Still not great - sit back and enjoy the dividend.

No I want to buy something with the proceeds -):

Xmas pressy from ann summers for the mrs ;))

Something like this ?

not quite what I was thinking of.......

Posts crossed! :-)

No not a pressy or car chaps, a house I want to move nearer my very good friend ill -):

ill?

hills.. as in over the hill -):