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.

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 -):

-):

Largest volume I've see with this one today for a while so far.

This being the reason no doubt

http://www.moneyam.com/action/news/showArticle?id=4940712

Missed this one: http://www.moneyam.com/action/news/showArticle?id=4946373

FUNDS UNDER MANAGEMENT AS AT 31 DECEMBER 2014, TRADING UPDATE

City of London (LSE: CLIG) announces that total funds under management (FuM) at the Group's half year end on 31 December 2014 were US$4.0 billion (£2.6 billion). This compares with US$4.0 billion (£2.5 billion) at 30 September 2014, and US$3.9 billion (£2.3 billion) at the Company's year-end on 30 June 2014.
FuM remained unchanged over the quarter, while the MSCI Emerging Markets TR Index (NDUEEGF) fell 5% over the same period.
As of the end of December the monthly "run-rate" for operating profit, before profit-share of c.30%, is approximately £1.0 million per month based upon current FuM. The Group estimates the unaudited profit before taxation for the six months ended 31 December 2014 to be approximately £4.3 million, which compares to £3.3 million for the equivalent period to 30 November 2013.
Note: the financial year end changed from May to June in 2014.

It should also be noted that our diversification products are now gaining traction and therefore we have set an increased target of $500m for the next financial year (2015/2016).
The Company is currently in a close period which will end with the publication of results for the six months ended 31 December 2014 on 11 February 2015.

more...

Blimey, its broken that 340p hump!

I bet you are glad you didn't go short now! :-)

Actually the chart above is wrong - the days high was 335.50p - not 350.50p as indicated above.

A rather bigger volume today so far, you lot been buying/selling before the Interims next week or what? -):

Stopped out on one of my pots today on these, seems to be looking on the up for next weeks interims as well.

Doesn't seem as though it's going to break that 340p top before tomorrow's Interims now.

Stan - Wednesday - Financial Calendar

Oh yes your right , thanks Skinny even got in my diary as Wednesday!