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

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Investment Trust | AIC

In this Investment Trust session, we explore Generative AI, Yen Stability, and Corporate Governance with our speaker Nick Britton, Head of Intermediary Communications, AI...

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Investment Trust | AIC

In this Investment Trust session, we explore Generative AI, Yen Stability, and Corporate Governance with our speaker Nick Britton, Head of Intermediary Communications, AI...

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AIC pays tribute to Helen Pridham with new Media Award

Helen Pridham Rising Star Award to recognise up-and-coming journalists.

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AIC celebrates 100th person to achieve Investment Company Accreditation

Nick Britton presents a certificate to Ahsan Vayani of Quilter Cheviot.

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Size isn’t everything

Smaller investment companies can be just the ticket for private investors, argues David Prosser.

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Selling LTAFs to retail investors could prove to be a mistake

The AIC has responded to today’s publication of the Financial Conduct Authority’s Policy Statement PS23/7.

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Meet the manager: Andrew Bell

Chief Executive Officer, Witan Investment Trust.

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Could AI “serve as a catalyst driving the biotech industry into the future”?

Biotechnology & Healthcare investment companies comment on the “bright” outlook for the sector.

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Bigging up Japan

David Prosser considers whether UK investors could benefit from more exposure to the world’s third largest economy.

Alliance Trust: How will a recession impact equities?

As fears that high interest rates may persist, we examine how a potential recession could affect equities with Ben Whitmore and C.T. Fitzpatrick in the latest ‘big question’ interview.

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AIC responds to HMRC’s consultation on stamp taxes on shares

The AIC has issued the following comment.

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How much more pain is there to come?

Investment company managers on interest rates, inflation and bond markets.

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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Killik’s Gilligan: Focus on Asia Dragon’s future not disappointing past

Don’t be put off by Asia Dragon's interim results and poor performance: key financials and a wide share price discount point to better things, says Mick Gilligan of Killik & Co.
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BSRT’s NAV falls on the back of a challenging market for junior miners

Baker Steel Resources Trust (BSRT) has released its annual results for the 12 months ending 31 December 2023. Over the year BSRT’s NAV per share decreased by 2.8%, compared with the increase in the MSCI World Metals and Mining Index of 13.8%. BSRT’s share price fell by 15.1%, finishing the year on a 48.8% discount. […]
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Ecofin U.S. Renewables dividend swept up by a tornado

Ecofin U.S. Renewables Infrastructure Trust (RNEW) released its annual financial results for the 12 months ending 31 December 2023: RNEW reported a negative NAV total return of -5.5% and share price total return of -28.0%. NAV per share decreased from 94.3 cents per share to 85.2 cents. The company’s total NAV was $117.7m as of […]
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Vietnam Enterprise Investments reports double digit NAV returns

Vietnam Enterprise Investments Limited (VEIL) has released its annual results for the 12 months ending 31 December 2023. VEIL has reported a NAV per share return of 10.5% over 2023, slightly below the Vietnam Index’s 11.1% gain, both in US$ total return terms. Over a 3-year period, VEIL still outperformed the Vietnam Index by 2.6%. […]
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Blackstone Loan Financing’s first results under its new wind-down policy

Blackstone Loan Financing (BGLF) has released its annual results for the 12 months ending 31 December 2023. BGLF reported a NAV total return of 10.39%, based on its published NAV, ending the period with a NAV of €0.9098 per share. BGLF also reports on an IFRS NAV basis, under which it returned a share price […]

Princess Private Equity Holding

29 April 2024

Introducing a well-defined buyback policy

Impax Environmental Markets

26 April 2024

QuotedData's New Client.

Baillie Gifford Shin Nippon

26 April 2024

BGS’s portfolio is seeing strong sales growth but looks cheaper and cheaper.

Strategic Equity Capital

26 April 2024

Update research from QuotedData

Schroder Income Growth

26 April 2024

Why Schroder Income Growth offers investors the best of both worlds.

BlackRock Sustainable American Income Trust Plc - Transaction in Own Shares

29/04/2024 - 17:40

BlackRock Sustainable American Income

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Fidelity Japan Trust Plc - Transaction in Own Shares

29/04/2024 - 17:40

Fidelity Japan Trust

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Finsbury Growth & Income Trust Plc - Transaction in Own Shares

29/04/2024 - 17:40

Finsbury Growth & Income Trust

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Capital Gearing Trust Plc - Transaction in Own Shares

29/04/2024 - 17:20

Capital Gearing Trust

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Mid Wynd International Investment Trust Plc - Transaction in Own Shares

29/04/2024 - 17:20

Mid Wynd International

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Glossary

Familiarise yourself with industry terminology.

Research tools

Access information on your chosen investment companies, or find and compare companies using our screening and monitoring tools.

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.