Compass: The AIC’s monthly newsletter

This month in Compass, Ian Cowie goes on a hunt for ISA millionaire trusts and Faith Glasgow investigates what mergers mean for investors.

Latest articles, press releases and videos

How are current volatile market conditions affecting the Renewable Energy Infrastructure sector?

The managers of SDCL Energy Efficiency Income, VH Global Sustainable Energy Opportunities and ThomasLloyd Energy Impact discuss how volatile market conditions are affecting the Renewable Energy Infrastructure sector.

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37 out of 38 investment company sectors are trading at a discount

But which offers the best value?

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Flexible friends

Multi-asset sector tops adviser purchases in Q3 2022.

Healthcare: are we at the start of a bull market?

Gareth Powell, co-manager of Polar Capital Global Healthcare Trust, tells us how the sector could be poised for a period of outperformance.

Smaller companies: facing challenges but opportunities exist

Peter Ewins, manager of The Global Smaller Companies Trust, looks at the current turbulent market conditions and discusses the effects on the global environment for smaller companies

Scottish Mortgage stock stories: Redwood Materials

Investment Specialist Claire Shaw discusses how the challenges facing electric transportation make battery recycling companies like Redwood Materials worth investing in. Capital at risk.

Baillie Gifford: embracing the unpredictable

Why ‘what if…?’ is the most vital question an investor can ask. Kirsty Gibson of the Baillie Gifford US Growth Trust explains. Capital at risk.

Troy Income & Growth Trust – Investing with Troy Asset Management

Blake Hutchins, co-manager of Troy Income & Growth Trust discusses how he approaches investing at Troy and what he is trying to achieve with the Troy Income & Growth Trust.

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Nine-tenths of financial advisers and wealth managers recommend sustainable funds despite greenwashing concerns

Use of sustainable investment companies has increased year-on-year.

Securities Trust of Scotland – Investing with Troy Asset Management

Please watch the short clip below to see James Harries, manager of Securities Trust of Scotland discussing how he approaches investing at Troy and what he is trying to achieve.

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Cop27: investment company managers comment on the future of renewable energy and government intervention

$40 trillion investment needed to reach 2050 net zero objective; UK policy uncertainty “risks becoming very damaging to inward investment”.

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AIC releases educational video ‘Investing for growth’

The video aims to help investors understand what growth investing is and how it could help them achieve their financial goals.

Thematic research

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

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.

Investment company liquidity – steady as she goes, but could be better

19 March 2024

A review of investment company liquidity in London since 2016.

Listed private equity – Performing a balancing act

6 March 2024

UK-listed private equity investment companies maintained strong NAV total returns (TR) over the last five and 10 years of c 14% per year on average, despite recent monetary tightening and other macro headwinds.

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QD view – What goes down must come up?

The UK has become a bit of punching bag in recent times, stumbling from one crisis to another while presiding over an economy stuck in neutral. In many respects, it’s of little surprise its benchmark index has trailed the MSCI All Countries World index by almost 50% over the last five years. Of late, stubborn […]
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Baillie Gifford Shin Nippon offers 15% tender if slump continues

Increasing investor activism in Japan has upped the flight from small high-tech growth stocks, argues the trust, as it offers a 15% exit if performance doesn't improve by 2027.
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Londonmetric says it won’t bid for UK Commercial Property

The coast seems increasingly clear for Tritax Big Box to clinch a merger with Abrdn stablemate UK Commercial Property after Londonmetric rules out making a counter bid.
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Hipgnosis Songs: Fund manager fell ‘below music industry standards’

Shares in royalties fund leap as due diligence report accuses Hipgnosis Song Management of multiple failings and board says it will decide the company's future in a month.
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Newly enlarged Henderson High Income beats benchmark over 2023

Henderson High Income says its NAV total return for 2023 was +9.8% compared with the benchmark return of +8.1%, an outperformance of +1.7%. Unfortunately, the emergence of a discount meant that the share price total return was +0.9%, with the share price ending the year at a discount to NAV of 7.7% having started 2023 […]

Oakley Capital Investments

28 March 2024

Oakley Capital Investments – executive interview

Allianz Technology

27 March 2024

ATT offers significantly discounted exposure to the technology sector. 

Greencoat UK Wind

25 March 2024

 Acquisitions generating more green

Witan Investment Trust

22 March 2024

QuotedData's Weekly News & Interview.

Henderson EuroTrust

22 March 2024

Proposed merger with Henderson European Focus Trust.

BlackRock Sustainable American Income Trust Plc - Transaction in Own Shares

28/03/2024 - 18:50

BlackRock Sustainable American Income

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Holding(s) in Company

28/03/2024 - 19:30

Aquila European Renewables PLC

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BlackRock Throgmorton Trust Plc - Transaction in Own Shares

28/03/2024 - 18:30

BlackRock Throgmorton Trust

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BlackRock Smaller Companies Trust Plc - Transaction in Own Shares

28/03/2024 - 18:30

BlackRock Smaller Companies

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Holding(s) in Company

28/03/2024 - 19:10

European Smaller Companies Tst PLC

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Glossary

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