INTERVIEW: City of London Investment Group – Now is a good time say Zeus Capital

City of London Investment Group Plc (LON:CLIG) is the topic of conversation with Robin Savage, research director at Zeus Capital. Robin explains why a 61% increase in its profit before tax is impressive, talks about current trading and the prospects for the 2nd half and we ask Robin what he thinks is the right price for CLIG shares.

City of London Investment Group PLC is a holding company. The Company operates through asset management segment. The Company focuses on closed-end fund investments. The Company offers developed, frontier and tactical asset allocation and private equity closed-end fund strategies. Its Emerging Market closed-end fund provides long-term capital growth through stock selection and active country allocation. Its Frontier Markets Fund provides above average, long-term outperformance versus the appropriate benchmark while maintaining a lower level of volatility than the benchmark. The Company’s clients include pension funds, foundations, endowments and other institutional managers. The Company has over 150 institutional clients. The Company operates in the United States, Canada and Europe. The Company’s principal operating subsidiary is City of London Investment Management Company Limited, which acts as its investment advisor and advises on approximately 50 accounts.

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City of London Investment Group Plc
INTERVIEW: City of London Investment Group – Now is a good time say Zeus Capital

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