City Of London Investment Management Co Ltd (London)

Name: City Of London Investment Management Co Ltd
Address: 77 Gracechurch Street, London, Ec3 V 0 As
Telephone: 011442077110771

City Of London Investment Management Co Ltd is a large advisory firm based in London. It manages $5.52 billion of regulatory assets for 37 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Washington.

City Of London Investment Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

City Of London Investment Management: assets under management

The assets under management (AUM) of City Of London Investment Management Co Ltd is $5.52 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1665% since the beginning of its operation, and $372.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $5.52 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $149.27 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 61% of the total AUM. The second-largest asset type is investment and business development companies, which make up 26% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay City Of London Investment Management Co Ltd for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Carlos Manuel Yuste serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Carlos Manuel Yuste is pooled investment vehicles with 21 clients and $3.32 billion of assets under management. Among the 11 most similar advisory firms, City Of London Investment Management has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.45 billion for 22 clients. 11% of the firm’s clients are foreign persons or businesses.

City Of London Investment Management also advises several private funds. Namely, nineteen other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at City Of London Investment Management Co Ltd

The company employs 73 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Carlos Manuel Yuste has been acting as President since 1 Oct 2002. Peter E Roth joined the executive team most recently as the Non Executive Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Barry Martin Olliff	Ceo / cio	1 Sep 1993	Other	2499412
City Of London Investment Group Plc	Parent company	1 Jun 1997	75% - 100%	foreign entity
Douglas Forbes Allison	Finance director	1 Jun 1998	Other	4392740
Peter Robert O'sullivan	Compliance director	1 Jun 1998	Other	4392744
Clayton David Gillece	Director	1 Aug 1999	Other	4392745
Michael Russell	Director	1 Jun 2001	Other	4442208
Mark Dominic Dwyer	Director	1 Jun 2001	Other	4442210
Thomas Wayne Griffith	Chief operations officer	1 Oct 2002	Other	1634274
Carlos Manuel Yuste	Director	1 Oct 2002	Other	4606802
Christopher Ian Weaver	Director	1 Aug 2003	Other	4702414
Juan Martin Garzaron	Director	1 Jul 2005	Other	5005821
Valerie Susan Tannahill	Director	1 Jan 2007	Other	5413408
Carl Allan Baldwin	Chief compliance officer	1 Dec 2007	Other	4757852
Jeremy Stephen William Bannister	Director	1 May 2008	Other	1359150
Emma Jane Jesshop	Chief compliance officer	1 Feb 2010	Other	5756755
Michael Timothy Brophy	Chief compliance officer	1 Sep 2010	Other	2573291
David Michael Cardale	Non-executive director	1 Sep 2010	Other	6864282
Kevin Michael Tolan	Head of compliance	1 Sep 2010	Other	5647035
Juan Martin Garzaron	Equities chief investment officer	1 Jan 2013	Other	5005821
Douglas Forbes Allison	Chief executive officer	1 Jan 2013	Other	4392740
Valerie Susan Tannahill	Chief financial officer	1 Jan 2013	Other	5413408
Barry Alan Aling	Non-executive director	1 Aug 2013	Other	6864274
Mark Dominic Dwyer	Director	1 Nov 2015	Other	4442210
Tracy Ann Rodrigues	Director	1 Nov 2015	Other	6579991
Jocelyn Suzanne Inger	Chief compliance officer-us	1 Apr 2016	Other	6637959
Ashleigh Lorraine Simms	Head of compliance	1 Jun 2016	Other	6312577
Mark John Driver	Non-executive director	1 Jul 2016	Other	4989443
Susannah E Nicklin	Non-executive director	1 Jul 2017	Other	2786217
Jane Marie Stabile	Non-executive director	1 Jul 2018	Other	1790913
Thomas Wayne Griffith	Ceo & director	1 Mar 2019	Other	1634274
Mark Dominic Dwyer	Cio & director	1 Mar 2019	Other	4442210
Peter E Roth	Non-executive director	1 Jun 2019	Other	1758082

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Fmh Investment Nv	Indirect	1 Sep 1993	25% - 50%	foreign entity
Scaleoption Plc	Indirect	1 Sep 1993	25% - 50%	foreign entity
Asset Management Investment Company Plc	Indirect	1 Jun 1997	Other	foreign entity
City Of London Employee Benefit Trust	Indirect	1 Jun 1997	Other	foreign entity
Amb Investments Limited	Indirect	1 Dec 1998	Other	foreign entity

Based in London

The principal office where City Of London Investment Management Co Ltd performs its advisory services is located at 77 Gracechurch Street, London, Ec3 V 0 As, which is also the mailing address of the firm. An additional office of the firm is in Bellevue, WA. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 011442077110771 or by fax 011442073389803. The normal business hours are 8 a.m. to 6 p.m. gmt on Monday - Friday. You can find more information about the New York firm at citlon.com.