City of London Investment Management Co., Ltd. sold $88.1M worth of shares in Aberdeen Emerging Markets Equity Income Fund Inc. in June 2018
Jul 08, 2018
CoL is an active, value-oriented emerging markets equity manager which seeks to provide long-term capital growth through active country asset allocation and stock selection in emerging markets.The firm's key objective is to provide above average, long-term outperformance versus the appropriate funds' emerging market benchmark with lower risk than the benchmark index and their peer group.CoL follows a top-down approach to country asset allocation overlaid with a pure value approach to stock selection. Their investment strategy differs from that of a traditional manager in that they capitalize on the identifiable inefficiencies which closed-end funds offer, generating excess return by purchasing closed-end funds at a discount to NAV.
In The News
City of London Investment Management Co., Ltd. sold $2.64M worth of shares in Templeton Dragon Fund, Inc. in September 2018
Oct 08, 2018 - RelSci
City of London Investment Management Co., Ltd. purchased $3.72M worth of shares in Templeton Dragon Fund, Inc. in July 2018
Aug 08, 2018 - RelSci
Aberdeen Emerging Markets Equity Income Fund, Inc. is a non-diversified closed-end, management investment company. It invests its assets in Chilean equity and debt securities. The company was founded on January 30, 1989 and is headquartered in Philadelphia, PA.
In The News
Aberdeen Emerging Markets Equity Income Fund, Inc. Announces Expiration And Preliminary Results Of Cash Tender Offer
Jun 18, 2019 - PR Newswire
May 16, 2019 - PR Newswire
Mar 29, 2019 - PR Newswire