Latest research from the AIC using Matrix Financial Clarity.
Total assets under management reached a record high of £150.7bn at the end of August 2016.
AIC research suggests that over three quarters (79%) of VCTs have a fund manager who has been in position for 10 years or more.
The AIC today reiterated its calls for a delay to the EU’s Packaged Retail and Insurance-based Investment Products (PRIIPs).
Managers comment on the outlook for Brazil.
Latest research from AIC demonstrates that adviser and wealth manager purchases of investment companies via platforms were £131m in Q1 2016, down 2% from Q1 2015 (£133.3m).
The AIC has published its rankings for the top 20 most viewed member investment companies on its website for the first half of 2016.
The investment company sector’s total assets under management reached a new record high of £141bn at the end of June 2016, almost doubling in a decade.
AIC publishes investment company activity data for the first half of 2016.
New research published today by the AIC suggests most parents considerably underestimate the cost of university.