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Maybe It's Because I'm a Happy Shareholder that I Love City of London

By Malcolm Stacey | Tuesday 6 October 2020


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Hello Share Chasers. Every so often I commend the pioneering cost-cutting City of London Investment Group (CLIG) to your further scrutiny. Since my last write-up, this on-the-ball share company has seen an approximate 20% hike. It’s become one of those special investments which put on a few percent each day followed by the usual profit-taking correction, only to start creeping ahead again. The latest news is that an all-share merger with Karpus Management Inc., a US-based investment management business has gone ahead…

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