City of London Investment Group, listed on the London Stock Exchange since 2006 (LSE: CLIG), comprises City of London Investment Management, founded in London in 1991, and, following a merger in October 2020, Karpus Investment Management, founded in 1986 in Pittsford, New York.
For more than three decades, our integrated global investment team — spanning City of London Investment Management (CLIM) and Karpus Investment Management (KIM) — has specialized in exploiting structural inefficiencies and mispricings, work that began in the Closed-End Fund market and now extends across Emerging, International and Global Equity, Fixed Income, Multi-Asset and Listed Private Equity strategies.
Being deliberate, nimble and active is how a boutique can pull multiple alpha levers across a full market cycle: global macro perspective, regional expertise and sourcing, discount volatility and behavioral dynamics, security analysis, asset allocation, style/size/factor considerations, duration and credit risk, and corporate engagement and stewardship.
Local presence in London (est. 1991), West Chester/Philadelphia (est. 1995), Pittsford (est. 1986) and Singapore (est. 2000) means research, trading and relationships operate across time zones and investment regions – supported by long-tenured investment teams and a robust, scaled operational platform spanning trading, operations and compliance.
Sophisticated institutions — including foundations, endowments, public and corporate pension plans, healthcare systems, faith-based organizations, family offices and Wealth Management clients – have partnered with us for their solutions for decades.