Compass: The AIC’s monthly newsletter

This month in Compass, it’s all about elections. Ian Cowie crosses the pond, biotech managers talk US politics and we examine how UK trusts fared under different governments.

Latest articles, press releases and videos

Middlefield's Dean Orrico discusses the dividends landscape in North America

Listen in, as Dean Orrico, Manager of Middlefield Canadian Income, and David Stevenson discuss North American dividend prospects and equity income.

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Which government was best for UK investment trusts?

The Association of Investment Companies (AIC) has released data on the performance of UK-focused investment trusts in each parliament since 1987.

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The DIY British ISA?

There’s no need to wait for a British ISA to invest in UK companies, writes David Prosser.

Biotechnology & Healthcare: what are the challenges of investing in the sector?

Annabel Brodie-Smith asks managers about the challenges of investing in the Biotechnology & Healthcare sector.

Biotechnology & Healthcare: where are you finding opportunities?

A panel of Biotechnology & Healthcare managers discuss where they are currently finding opportunities.

Biotechnology & Healthcare: is the sector due a comeback?

Annabel Brodie-Smith, Brett Darke, Marek Poszepczynski and Geoff Hsu discuss whether Biotechnology & Healthcare is due a comeback.

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The big buyback

David Prosser explores the role of share buybacks in narrowing investment trust discounts.

Biotechnology & Healthcare: will the results of the US election make a difference for the sector?

Brett Darke, Marek Poszepczynski and Geoff Hsu on whether the results of the next US election will impact the Biotechnology & Healthcare sector.

Biotechnology & Healthcare: a sector on the mend?

Featuring comments from managers of Bellevue Healthcare Trust, International Biotechnology Trust and The Biotech Growth Trust.

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Eight investment trusts join the next generation of dividend heroes

33 investment trusts have raised dividends for 10 to 19 consecutive years.

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Biotechnology & Healthcare: a sector on the mend?

What’s the prognosis for biotech and healthcare companies? How will the US election impact the sector, and could we see a recovery later this year?

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Where to find high income with consistency

David Prosser on the dividend hero investment trusts.

Thematic research

Third-party thematic research on investment companies can be found below.

Pretty, pretty, pretty good

17 August 2024

Do investment trusts really protect capital and income against inflation? Lets take a look...

Micro-managing

11 April 2024

What opportunities exist in the smallest part of the UK market?

Seoul searching

28 March 2024

South Korea is looking to to tackle its ‘discount’ versus other Asian countries by introducing governance reforms, very similar to Japan's.

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abrdn European Logistics Income’s NAV takes a hit as strategic review continues

abrdn European Logistics Income (ASLI) reported a big hit to its NAV in full year results for the year to 31 December 2023, as the impact of higher interest rates weighed on portfolio values. IFRS NAV decreased by 21.4% to 93.4 cents (31 December 2022: 118.9 cents), while the EPRA net tangible assets metric was […]
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JPMorgan Emerging EMEA Securities gets caught in VTB crossfire

JPMorgan Emerging EMEA Securities (JEMA) has announced that it has been named as a defendant to civil proceedings being brought by VTB in the Russian courts, which were commenced on 17 April 2024. The claim has been brought against certain JPMorgan entities and relates to US$439m held in a correspondent banking account with JPMCB (NY […]
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GCP Infrastructure sells wind farm loan notes at 6.4% premium

GCP Infrastructure (GCP) has sold its interest in loan notes secured against Blackcraig Wind Farm at a 6.4% premium to the valuation of the project as at 31 March 2024. The disposal has generated net cash proceeds of around £31m and these will be used to prepay drawings under GCP’s revolving credit facility. GCP says […]
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QuotedData’s morning briefing 26 April 2024 – NBDD

In QuotedData’s morning briefing 26 April 2024: NB Distressed Debt has published its annual results for the year ended 31 December 2023. As a reminder, each share class is in its harvest period and there is now very little left of the fund. Perhaps reflecting this, there is not the usual depth of information that […]
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Smithson chair receives strong ‘no’ vote after continuation ballot row

Diana Dyer Bartlett saw 19% of shares vote against her re-election at the Smithson annual general meeting for her handling of the continuation vote, which the company passed.

Impax Environmental Markets

26 April 2024

QuotedData's New Client.

Bluefield Solar Income Fund

25 April 2024

Update from QuotedData

NB Private Equity Partners

25 April 2024

Results analysis from Kepler Trust Intelligence.

Witan Investment Trust

25 April 2024

Business as usual for WTAN's executive team, while the board reviews investment management arrangement.

Henderson Far East Income

25 April 2024

Repositioning to raise total returns

Form 8.3 - GCP Asset Backed Income Fund Ltd

26/04/2024 - 13:30

Hawksmoor Investment Management Ltd

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Form 8.5 (EPT/NON-RI) Tritax Big Box REIT Plc

26/04/2024 - 13:10

Jefferies International Limited.

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Form 8.3 - Balanced Commercial Property Trust Ltd

26/04/2024 - 13:10

Brooks Macdonald Asset Management

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Share Buyback

26/04/2024 - 13:00

Geiger Counter Ltd

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Form 8.5 (EPT/RI) - Balanced Commercial Property

26/04/2024 - 13:00

Winterflood Securities Limited

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Glossary

Familiarise yourself with industry terminology.

Research tools

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Invest & engage

Browse a list of platforms that allow you to buy and hold investment companies. Discover how to have your say on how your investment company is run.