# City of London Investment Management Company Limited

> City of London Investment Management Company Limited is an SEC-registered investment advisory firm in London, United Kingdom, registered since 1994, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 25, 2026.

- CRD: 110986
- Filed as: CITY OF LONDON INVESTMENT MANAGEMENT COMPANY LIMITED
- Legal name: City of London Investment Management Co Ltd
- Also doing business as: CITY OF LONDON INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: September 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110986
- AdvisorCensus page: https://advisorcensus.com/firm/city-of-london-investment-management-company-limited-london-110986

## Quick answers

**How is City of London Investment Management Company Limited compensated?**
On its Form ADV (Item 5.E, October 2026), City of London Investment Management Company Limited reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is City of London Investment Management Company Limited located?**
City of London Investment Management Company Limited's principal office is in London, United Kingdom, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is City of London Investment Management Company Limited registered with the SEC or a state?**
City of London Investment Management Company Limited is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 110986.

**How much does City of London Investment Management Company Limited manage?**
City of London Investment Management Company Limited reports $8,059,266,455 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary).

**How have City of London Investment Management Company Limited's assets and staff changed since 2021?**
In the Form ADV data for City of London Investment Management Company Limited: Regulatory assets under management: $7,629,759,002 in the October 2021 data and $8,059,266,455 in the October 2026 data, up 6%. Total employees: 73 in October 2021 and 62 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does City of London Investment Management Company Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (19); charitable organizations (6); state or municipal government entities (including government pension plans) (4).

**Which custodians does City of London Investment Management Company Limited use?**
City of London Investment Management Company Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon, Northern Trust Corporation and State Street Corporation as custodians holding 10% or more of its separately managed account assets.

**Does City of London Investment Management Company Limited report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/110986

**What changed in City of London Investment Management Company Limited's recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 26 to 21. Regulatory assets under management went from $6,842,617,648 to $8,059,266,455 (+18%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- BNY Mellon
- Northern Trust Corporation
- State Street Corporation

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $8,059,266,455
- Discretionary: $8,059,266,455
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 1 | $20,851,924 |
| Investment companies | 1 | $443,453,145 |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 19 | $4,085,774,580 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $118,143,501 |
| Charitable organizations | 6 | $2,772,146,175 |
| State or municipal government entities (including government pension plans) | 4 | $618,897,130 |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1994 (32 years)
- Employees: 62 total, 21 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- West Chester, PA

### Websites listed on Form ADV (Item 1.I)
- [citlon.co.uk](https://citlon.co.uk)
- [citlon.com](https://citlon.com)
- LinkedIn @city-of-london-investment-management-company-limited

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $7,629,759,002 | 73 | September 28, 2021 |
| October 2022 | $5,852,502,399 | 69 | September 27, 2022 |
| October 2023 | $5,903,333,807 | 77 | September 28, 2023 |
| October 2024 | $6,317,749,655 | 74 | September 27, 2024 |
| October 2025 | $6,317,749,655 | 74 | June 11, 2025 |
| October 2026 | $8,059,266,455 | 62 | September 25, 2026 |

Regulatory assets under management: $7,629,759,002 in the October 2021 data and $8,059,266,455 in the October 2026 data, up 6%.
Total employees: 73 in October 2021 and 62 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 26 to 21.
- Regulatory assets under management went from $6,842,617,648 to $8,059,266,455 (+18%).
- Updated its list of owners and control persons (Schedule A).

### July 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. City of London Investment Management Company Limited (CRD 110986): Form ADV filing data as of October 2026.