The Association of Investment Companies (AIC) was founded in 1932 to represent the interests of the investment trust industry – the oldest form of collective investment. Today, the AIC represents a broad range of investment companies, incorporating investment trusts, VCTs and other closed-end funds.

The information below is a combination of both AIC created and external content covering investment trust news and industry insights applicable to private investors. If you have any questions regarding any of this information, or you simply have a question you would like answered please let us know at

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The AIC has appointed Richard Stone as Chief Executive of the Association effective from 13 September 2021.

Press releases logoCommentary

Investment companies versus single stocks – Ian Cowie gives his verdict.
Seven tips from Jennifer Hill for when a star manager departs.
David Prosser asks which is best.
History suggests there’s plenty of room for financials to continue outperforming says Polar Capital Global Financials Trust co-manager, Nick Brind.

Citywire logoCitywire news

Last updated:
02:33 - 03/08/21

Beaten-up China trusts and airline shares were among the top-sellers on Interactive Investor in July, but fund buyers stuck to tried-and-trusted growth managers.
RIT Capital Partners, the Rothschild family backed global investment trust, rebounds from pandemic crash with 19% first half return boosted by unusually big holding in Asia’s answer to Amazon.
BP led the charge on the FTSE 100 this morning as it increased its dividend, adding to the positive momentum around earnings from UK equities.

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Scottish Mortgage: Manager Insights - Tom Slater

In this AGM film, Tom Slater, co-manager of the Scottish Mortgage Investment Trust, discusses the lessons learnt from the Covid-19 pandemic, and looks to the areas where we have seen, and could continue to see, growth opportunities arising.

Scottish Mortgage: Manager Insights - Lawrence Burns

In this AGM film, Lawrence Burns, deputy manager of the Scottish Mortgage Investment Trust, explains that success will be determined by the deep underlying structural changes going on in our world, the brilliance of business models, and the vision of their founders, rather than economic cycles, sector rotations and interest rates.

What do you enjoy most about managing your investment company?

The managers of Target Healthcare REIT, Civitas Social Housing and Schroder BSC Social Impact explain why caring for the elderly, providing high-quality housing and making real social impact are some of the reasons they most like running their strategies.

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