City Of London Investment Management Co Ltd buys $48.2 Million stake in Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc (ABE)

Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc (ABE) : City Of London Investment Management Co Ltd scooped up 46,879 additional shares in Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 4,075,153 shares of Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc which is valued at $48.2 Million.Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc makes up approximately 3.66% of City Of London Investment Management Co Ltd’s portfolio.

Other Hedge Funds, Including , D.a. Davidson reduced its stake in ABE by selling 1,689 shares or 20.37% in the most recent quarter. The Hedge Fund company now holds 6,601 shares of ABE which is valued at $78,090.Lazard Asset Management reduced its stake in ABE by selling 252,580 shares or 13.15% in the most recent quarter. The Hedge Fund company now holds 1,668,742 shares of ABE which is valued at $19.7 Million. Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc makes up approx 0.05% of Lazard Asset Management’s portfolio.Gramercy Funds Management reduced its stake in ABE by selling 11,149 shares or 18.71% in the most recent quarter. The Hedge Fund company now holds 48,438 shares of ABE which is valued at $573,022. Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc makes up approx 0.16% of Gramercy Funds Management’s portfolio. Landscape Capital Management L.l.c. added ABE to its portfolio by purchasing 11,396 company shares during the most recent quarter which is valued at $134,815. Aberdeen Emrg Mkts Smlr Co Oppts Fd Inc makes up approx 0.02% of Landscape Capital Management L.l.c.’s portfolio.

Aberdeen Emerging Markets Smaller Company Opportunities Fund Inc. (formerly Aberdeen Emerging Markets Telecommunications and Infrastructure Fund Inc.) is a United States-based closed-end non-diversified management investment company. The Fund’s principal investment objective is to seek long-term capital appreciation. The Fund seeks to achieve this investment objective by investing primarily in equity securities of emerging market smaller company issuers. Under normal market conditions at least 80% of the Fund’s asset plus any borrowings for investment purposes will be invested in equity securities of emerging market smaller company issuers. Smaller companies which at the time of purchase have a market capitalization of less than $5 billion. The Fund’s investment adviser is Aberdeen Asset Managers Limited.

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