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

Three VCT managers discuss the outlook for Britain's ambitious smaller companies

Three VCT managers discuss the outlook for Britain's ambitious smaller companies.

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Stamp out stamp duty on investment companies

Scrapping 0.5% tax would level the playing field, eliminate double taxation and boost financing for infrastructure and renewable energy.

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Why UK equities offer attractive buying opportunities

Despite continued uncertainty, Alex Wright highlights the opportunity in UK equities and outlines why he expects value to continue to outperform in the current market environment.

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Investment Trust Edge | January 2023

We examine the prospects for the Schroder UK Real Estate Investment Trust, ask whatever happened to the small cap effect and finish with a look at private equity: should ...

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Value outperformance to continue into 2023

Nitin Bajaj, portfolio manager of Fidelity Asian Values, outlines why he expects value to continue its strong run as we head into 2023.

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Investment Trust Update | 17th January 2023

In this investment trust update, Winterflood introduces 15 names to its recommended list for 2023 and Downing Strategic Microcap makes plans for share buybacks.

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Casting our net wide

Nick Price, Portfolio Manager of Fidelity Emerging Markets, highlights areas of opportunity to be found in emerging markets.

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Chinese New Year

Investment company managers on the outlook for China in the Year of the Rabbit

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Outlook is bright for Japan

Nicholas Price, portfolio manager of Fidelity Japan Trust PLC, discusses why he believes the outlook is bright for Japan in the year ahead.

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How a 'forgotten' Japan could play a large role in investment returns

Alex Illingworth, Co-manager of Mid Wynd International Investment Trust, gives several key reasons why Japan is in a better position than other countries to deliver strong returns for the fund.

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A focus on resilience in Europe

Sam Morse, portfolio manager of the Fidelity European Trust, assesses the outlook for regional equities.

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Looking forward to the share price pendulum swinging

Laura Foll, Co-manager of Henderson Opportunities Trust, discusses the opportunities in UK equities if 2023 sees a bounce in share prices.

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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Aquila Energy Efficiency Trust provides detail on tender offer proposal

Aquila Energy Efficiency Trust (AEET) has published details of a tender offer under which up to 18.6% of its issued share capital may be repurchased at 94.28p per share, up to a maximum consideration of £17.5m. AEET is publishing a circular which we would suggest that shareholders read. AEET is seeking shareholders’ approval for the […]
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Gresham House Energy Storage suspends dividends and buybacks for 2024

Gresham House Energy Storage (GRID) has published a trading update in advance of the publication of its annual results for the year ended 31 December 2023 expected on 29 April 2024. GRID’s chair, John Leggate, says “The BESS sector, the Company and its shareholders are going through the most challenging operating environment since the Company’s […]
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Gresham House Energy Storage cancels dividends and share buybacks to repay debt

A recent improvement in trading revenues still leaves the battery fund’s forecasts well below expectations, requiring close to a 12% cut in net asset value.
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QuotedData’s weekly news show 19th April 2024

Thank you to everyone that listened in today, whether you watched the Zoom live or on YouTube. In this week’s show, James Carthew covered the week’s top stories: • Hipgnosis (0:24) • Balanced Commercial Property Trust (6:25) This week’s interview was with Jean-Hugues de Lamaze from Ecofin Global Utilities & Infrastructure – watch it again […]
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QD view – Hot stuff

Forget the Magnificent Seven, the Indian stock market has been the unsung hero of the past decade. The MSCI India has delivered an annualised return of 13.6%[1], that puts it ahead of the MSCI World (9.97%) and its emerging market peers (3.33%). The returns from the country’s small-and mid-cap sector have been even higher. With […]

CC Japan Income & Growth Trust

18 April 2024

CCJI's differentiated investment approach has led to sector-leading performance.

JPMorgan Japan Small Cap Growth & Income

18 April 2024

JSGI offers exposure to exciting growth companies in Japan.

Jupiter Green

16 April 2024

JGC's recovery is gathering momentum, but the discount has yet to react.

Tetragon Financial Group

16 April 2024

FY23 growth driven by idiosyncratic factors.

Murray Income

15 April 2024

Delivering income and capital growth.

Transaction in Own Shares

19/04/2024 - 19:30

Impax Environmental Markets PLC

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Transaction in Own Shares

19/04/2024 - 19:20

BioPharma Credit PLC

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Transaction in Own Shares

19/04/2024 - 19:20

Smithson Investment Trust PLC

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BlackRock Throgmorton Trust Plc - Transaction in Own Shares

19/04/2024 - 18:10

BlackRock Throgmorton Trust

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TwentyFour Select Monthly Income Fund - Issue of Shares

19/04/2024 - 17:50

TwentyFour Select Monthly Income

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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.