This time Maynard Paton and Mark Atkinson review FTSE Small-Cap City of London Investment and the investment potential of fund managers.

Maynard shares why he owns the City of London Investment and covers in detail why he started buying the City of London Investment, what CLIG does, attending the recent City of London AGM and what Maynard thinks about their current situation and future growth potential. Is it a further buy, a hold or a sell?

• Maynard's recent CLIG purchase and history of ownership.
• A lack of capital gains, but superb dividends and 9% yield.
• Where CLIG stands in Maynard's portfolio now.
• How does CLIG invest for its clients?
• Maynard's AGM attendance and previously receiving a letter from CLIG’s founder.
• Major shareholder George Karpus and his future plans.
• Performance of Karpus Investment Management following the merger.
• Regular client income, but fees being squeezed.
• Employee remuneration versus client returns.
• The share-price KPI and potential double-digit returns.
• CLIG’s team investment approach and employee retention.
• History of funds under management and recent client-money inflows.
• The S&P 500, institutional ‘allocators’ and portfolio ‘buckets’.
• The attractions of emerging markets and potential for outperformance.
• Private investors holding CLIG and liking cash-rich income stocks.
• The 33p per share dividend, valuation comparison with Liontrust and closing thoughts.

Hope you enjoy it and have a wonderful day.

Maynard & Mark

If you like the episode, please subscribe for future company reviews.

Mark & Maynard Resources:

Learn more about Maynard Paton by visiting his excellent Quality UK Investment Blog at: https://maynardpaton.com/

Maynard's City of London Blog: https://maynardpaton.com/2022/10/21/city-of-london-investment-h2-2022-profit-drops-20-and-fum-slides-to-8-5b-although-yield-now-tops-8-and-run-of-net-inflows-extends-to-4-quarters/

Follow Maynard on Twitter: https://twitter.com/maynardpaton

Connect or follow Mark Atkinson on LinkedIn: https://www.linkedin.com/in/mark-atkinson-10824b71/

City of London Investment Group PLC Shareholder presentation 2022: https://maynardpaton.com/wp-content/uploads/2022/10/CLIG-FY-2022-slides.pdf

City of London Investment Group Annual Report: https://maynardpaton.com/wp-content/uploads/2022/10/CLIG-AR-2022.pdf

Visit Fund Your Retirement: https://www.fundyourretirement.com/

Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.