Shareholders

ESG for Clients

City of London Investment Management Company Limited (“CLIM”) is a significant long-term investor in closed-end funds (CEFs) and seeks to promote growth in the industry by encouraging CEFs to make their product more attractive to investors. CLIM firmly believes that businesses which adopt best practice in their ESG policies will ultimately earn better returns and we are actively promoting ESG awareness to closed-end fund boards and their investment managers. As part of the initiative we now use a leading third party scoring methodology, provided by Sustainalytics, to measure the ESG characteristics of the underlying closed-end fund investments. A key consideration is to encourage CEFs to be more explicit about how ESG considerations are integrated into their investment processes.

Reports PDF
Annual Stewardship Report 2016 Annual Stewardship Report 2016
How City of London Investment Management Uses ESG Research How City of London Investment Management Uses ESG
Policy Statement and Principles on Responsible Investment Policy Statement and Principles on Responsible Investment
Promoting ESG Awareness in Emerging Market Closed End Funds Article on ESG Awareness
Presentations PDF
CLIM ESG Initiative ESG Presentation
Press Releases Issued by City of London PDF
ESG Press Release Sustainalytics Press Release

Corporate Governance

City of London Investment Management Company Limited is a long-term investor in closed-end funds (“CEFs”) and seeks to promote growth in the industry by encouraging CEFs to make their products more attractive for investors. Good Corporate Governance is a vital element in this process.

Our Statement on Corporate Governance and Voting Policy for Closed-End Funds, which was first published in 1999, identifies the current ‘best practices’ in the Corporate Governance of CEFs. It is addressed to Boards, Managers, Shareholders, and the professional investment community.

Statements on Corporate Governance and Voting Policy for CEFs PDF
Statements on Corporate Governance and Voting Policy for CEFs
Proxy Voting Record  
Proxy Voting Disclosures
Press Releases Issued by City of London  
Letter to Korea Equity Fund - September 2016
Letter to JPMorgan China Region Fund - September 2016
Letter to iCapital - September 2016
Letter to iCapital - August 2015
Presentations  
Emerging Markets CEFs as Legacy Products
Webinars
CLIM participated in a webinar sponsored by Pristine Advisers entitled "Putting Shareholders First" - June 10, 2015

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