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Message from CEO Tom Griffith:

I’m pleased to announce that on Thursday, October 1st, City of London Investment Group PLC successfully completed a merger with Karpus Management Inc., representing a significant milestone in our company’s history.

At the Group level, the complementary strengths of the merger bring together over 100 employees, covering multiple asset classes, with CLIM and KMI managing a combined US$9 billion in client assets as at August 31, 2020. Our investment subsidiaries will continue to operate independently in order to best serve client needs while our financial strength will allow us to continue to make technology investments necessary to compete in our global industry.

While the events of this year have created many challenges, our company’s culture remains strong, and we will continue working on behalf of clients and shareholders to meet their expectations.

For more information on our COVID-19 response please read a letter from our CEO.

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City of London Investment Management Group PLC (“CLIG”):
Registered in England and Wales No. 2685257.
Registered Office: 77 Gracechurch Street, London, EC3V 0AS, England.

© 2020 City of London Investment Group PLC.
All rights reserved.

City of London Investment Management Group PLC (“CLIG”):
Registered in England and Wales No. 2685257. Registered Office: 77 Gracechurch Street, London, EC3V 0AS, England.

© 2020 City of London Investment Group PLC. All rights reserved.