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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Lessons from recessions

How investment companies performed in the last three UK economic downturns.

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New report shows why government is right to back venture capital trusts

VCTs have made over 1,000 investments into 530 companies in the past five years

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Why you shouldn’t be distracted by discounts

David Prosser explains why widening investment company discounts should not sound the alarm for investors.

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AIC to host first investment company showcase

Book your place via the AIC’s website using promotional code SHOWCASE22.

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Mini-budget: Investment companies perfectly positioned to support growth drive

The Association of Investment Companies has responded to the Chancellor’s mini-budget.

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Mini-budget: AIC welcomes vote of confidence in VCTs

We warmly welcome the Chancellor’s announcement in his mini-budget that VCTs will be extended beyond 2025.

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Winners of the AIC Media Awards 2022

The awards recognise the journalists who have best educated private investors and financial advisers about investment companies.

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interactive investor wins AIC Shareholder Engagement Award for the second year running

Judged by the lang cat.

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Why Japan is a bright spot in a gloomy global outlook

Nicholas Price, portfolio manager of Fidelity Japan Trust, outlines the opportunities he is currently finding in the under-appreciated Japanese stock market.

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Recession lessons

Ian Cowie shares his wisdom on investing in a downturn.

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Strong demand for investment companies in Q2 despite market turbulence

Purchases for first half of 2022 hit £700m, the highest ever for a six-month period.

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Beating the energy crisis

David Prosser looks at the opportunities for investors to secure handsome returns as the UK shifts to zero carbon energy sources.

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.

Henderson Far East Income

25 April 2024

Repositioning to raise total returns

Seraphim Space

24 April 2024

Vantage: Seraphim Space’s Mark Boggett on a booming space economy and a maturing portfolio 

International Public Partnerships

24 April 2024

Consistently and responsibly delivering.

HydrogenOne Capital Growth

23 April 2024

Update from QuotedData

JPMorgan Global Emerging Markets Income

23 April 2024

JEMI is benefiting from improving corporate governance and a burgeoning dividend culture in emerging markets.

Premier Miton Global Renewables Trust Plc - Monthly Factsheet

26/04/2024 - 10:00

Premier Miton Global Renewables

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Finsbury Growth & Income Trust Plc - Compliance with Market Abuse Regulation

26/04/2024 - 07:50

Finsbury Growth & Income Trust

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Result of AGM

26/04/2024 - 08:10

Develop North PLC

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Factsheet, Trading Update & Quarterly NAV

26/04/2024 - 08:10

Taylor Maritime Investments Limited

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Monthly Performance Update

26/04/2024 - 08:10

Pantheon International 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.