About
Representation
View all Representation →Consultations- Digitisation Taskforce – Final Report
- FCA Consults on Fund Product Information and Cost Disclosure CP24/30 – ShareSoc Responds
- FRC Consults on UK Stewardship Code – ShareSoc Responds
- FCA Consultation – Modernising Redress
- HMRC Consultation – IHT on Pensions
- ShareSoc Evidence to Lords on FCA Enforcement
- ShareSoc supports FCA proposal for criminal background checks on owners and controllers of financial institutions
- UK ISA: ShareSoc submits consultation response
- FCA Consultation on Enforcement Practice & Transparency
- ShareSoc response to House of Commons Education Select Committee
- UKSA and ShareSoc Submission to Labour Party Review of Financial Services
- FCA Consultation GC23/2 Financial Promotions on Social Media
- VIEW ALL CONSULTATIONS
Education
Events
View all Events →Upcoming Events- Oct27SIGnet North Leeds / Harrogate / Skipton Group Launch Meeting
- Oct27Asset Match webinar on PISCES: what it means for liquidity in private company shares
- Oct30ShareSoc Webinar with JPMorgan Asia Growth & Income plc (JAGI)
- Nov2The future of share ownership and corporate reporting: what investors need to know
- Forums
Company
CITY OF LONDON INVESTMENT GROUP PLC (CLIG)
Blog posts
A Review of my 2020 Share Portfolio – Chris Spencer-Phillips
Post Date: January 17, 2021
Review of 2020
I wrote a review of my share portfolio (only an ISA) at the end of 2019 which ended the year 25% up which I was pleased about being a relative newcomer to investing.
Surprisingly 2020 was an even better year albeit a bit of a roller coaster – my ISA was up 80%, if I include profits I made in my spread betting account, which I transferred into my ISA. I have been inspired by ISA Millionaires Leon Boris and ...
City of London Group – exemplary transparency, exemplary culture
Post Date: October 29, 2017
DISCLOSURE - I hold shares in CLIG and you should consider my comments in that light and with appropriate scepticism – DYOR!
On 23rd October I attended CLIG's AGM and Investor Afternoon. These were well advertised, at convenient times and locations and open to all investors - as ShareSoc encourages all businesses to do.
Roger Lawson and UKSA's Gerald Roberts joined me at the AGM, and Gerald for the Investor afternoon. A key issue which I raised at the AGM was succession planning, ...
Can you make money in the FTSE100?
Post Date: October 5, 2015
Can you make money by investing in the FTSE100? This thought came to mind when looking at some of the recent market statistics. It's quite an important question because most stock market investors are heavily biased to that segment of the market (as opposed to FTSE250, small cap or AIM stocks) simply because the market cap of the FTSE100 is a very high proportion of the overall UK market. For example, it's about 80% of the FTSE AllShare. So if you ...
City of London Investment Group (CLIG) – a confusing AGM today
Post Date: October 7, 2013
City of London Investment Group (CLIG) – a confusing AGM today
I’ll try to tell you briefly “the way it was” to paraphrase the CEOs introduction to his section of the Annual Report. A full report is available here.
Barry Olliff is the CEO and this company has succession problems just like Carpetright which was covered in my last blog post. Likewise, they are back at square one after losing a new CEO appointed at the end of 2012, but who departed with ...
AGM Reports
City of London Investment Group (CLIG) AGM 2021
Post Date: October 20, 2021
Introduction and Background
On Monday 18th October I attended the AGM of City of London Investment Group (CLIG - not to be confused with two other companies with similar names!) held at the rather plush Ned Hotel near the Bank of England. Ray Williams (previous SIGnet director) and I were the only non-director shareholders attending.
Most of CLIG's executives, and new major shareholder George Karpus are US based, so I was pleasantly surprised that they'd all flown across for the AGM and, I ...
City of London Investment Group (CLIG) AGM 2019
Post Date: October 21, 2019
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 ...
City of London Investment Group (CLIG) AGM Report 2013
Post Date: October 7, 2013
This report is on City of London Investment Group’s Annual General Meeting which took place today – not to be confused with other “City of London” companies of course. CLIG is an investment manager that focuses on the emerging market sector (95% of funds under management) and specifically on “closed end” funds.
As with the company on which I last wrote a blog post (Carpetright), there are major succession problems arising from the presence of long-standing and dominant executives who are becoming ...
City of London Investment Group (CLIG) AGM Report 2012
Post Date: October 1, 2012
City of London Investment Group (CLIG) is a fund manager which specialises in emerging market closed end funds. It should not be confused with other “City of London” companies. I attended the AGM in their offices in the City on the 1st October. There were half a dozen ordinary shareholders present.
CLIG had a disappointing year with profits down slightly, and they are expected to fall somewhat again this year. The main reason seems to be that emerging markets have fallen out ...
City of London Investment Group (CLIG) AGM Report 2011
Post Date: October 3, 2011
Today I visited the offices of City of London Investment Group (CLIG) in Gracechurch Street, City of London, for their Annual General Meeting. Although it was probably the hottest October day since records began, the directors were all smartly dressed and wearing ties, unlike the 5 ordinary shareholders who attended.
A difference from many AGMs was that two of the directors attended by video conference and a third via a telephone conference call, but the main directors were present in person. CLIG ...
Become a free Associate ShareSoc member
Enter your email to sign up as a free Associate ShareSoc member and receive our emails. It takes a few seconds — and on the next page you'll have the option to customise your membership.