AGM Report

City of London Investment Group (CLIG) AGM 2019

AGM Date: October 21, 2019

Report Author: Roger Lawson

I attended the City of London Investment Group (CLIG) Annual General Meeting this morning (21st October) – not of course to be confused with other City of London companies. CLIG is primarily an investment company that invests in Closed End funds/trusts via a very specific process. It encourages such trusts to close any discount to NAV. Historically it has had a strong focus on emerging markets funds but has been diversifying into other markets and into REITS more recently. Barry Oliff was the founder and has acted as investment manager until recently but he is retiring in December. He plans to dispose of some shares but he has pre-announced the number he would sell and at what price. He has set an example of open disclosure at the company and

...

Not a member? Join today

Joining ShareSoc helps to empower our collective voice in representing investors, but we also offer exclusive benefits:

Member events & Masterclasses
Regular newsletter
Member only on-line Forums / Q&As
Company data and Voting Guidance
Educational resources
Get involved in our activities

Join now