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.
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 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.
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.
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.
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.