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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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.

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The top 20 most viewed investment companies

City of London takes first place as income strategies pique investors’ interest.

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Investment company 2022 review

(Updated) Existing companies raise £5.3 billion in a difficult year.

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Managers, mergers and money matters

Faith Glasgow explains the main investment company corporate activity in 2022.

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Investment company 2022 review

Existing companies raise £5.2 billion in a difficult year.

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Investment company managers see China recovery potential in 2023

Chinese companies have “strong fundamentals” and earnings growth.

What themes in Baillie Gifford US Growth Trust's portfolio are you most excited about?

Gary Robinson, Manager of Baillie Gifford US Growth Trust, discusses the themes in his investment company's portfolio he is most excited about.

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‘Brexit dividend’ needs to focus on investors

AIC welcomes the broad sweep of proposals to invigorate 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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Falling inflation weighs on ‘excellent’ value HICL Infrastructure

Inflation-linked income fund reports small fall in net asset value, prompting analysts to debate how good value shares in the 6.8% yielder are on a 21% discount.
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Abrdn Private Equity takes Patria name after Abrdn sale closes

Cayman Islands-based Patria Investments completes its acquisition of Abrdn’s private equity business. Alan Gould will continue to manage the Europe-focused trust, now called Patria Private Equity.
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Cost disclosures – House of Lords writes to FCA

Lord Forsyth of Drumlean, chair of the Financial Services Regulation Committee, has written to Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), pushing for a resolution to the cost disclosure issue that has been plaguing the investment companies sector. This is a very welcome intervention, we think, and hopefully it will add to […]
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Asian Energy Impact suspends shares again

Renewables fund, which emerged from an 11-month suspension in March, misses a 30 April deadline to publish its 2023 annual report and is suspended again.
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Managed run off continues for Aquila Energy Efficiency Trust

Aquila Energy Efficiency Trust (AEET) announced its annual results for the year end December 31 2023. The company saw a NAV total return of 0.3%, while shares fell 17.6%, leading the discount down to 39.3%. The company has made no new investments outside its existing commitments since the failed continuation vote back in Feb 2023 […]

Schroder Income Growth

1 May 2024

Results analysis from Kepler Trust Intelligence.

Vietnam Enterprise Investments

30 April 2024

Results analysis from Kepler Trust Intelligence.

Merchants Trust

30 April 2024

Celebrating its 135th anniversary 

Mercantile

30 April 2024

MRC's performance has recovered, yet the trust remains at a wide discount.

Princess Private Equity Holding

29 April 2024

Introducing a well-defined buyback policy.

BlackRock Throgmorton Trust Plc - Transaction in Own Shares

01/05/2024 - 18:40

BlackRock Throgmorton Trust

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BlackRock Smaller Companies Trust Plc - Total Voting Rights

01/05/2024 - 18:10

BlackRock Smaller Companies

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Fidelity Special Values Plc - Total Voting Rights

01/05/2024 - 18:10

Fidelity Special Values

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Transaction in Own Shares

01/05/2024 - 19:10

Henderson Smaller Cos Inv Tst PLC

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Transaction in Own Shares

01/05/2024 - 19:00

Smithson Investment Trust PLC

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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.