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

Thematic research

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

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.

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

19 March 2024

A review of investment company liquidity in London since 2016.

Citywire logo

RTW Biotech sells Arix holdings to position for flotation recovery

Fund manager Rod Wong sells Arix Bioscience's listed holdings following its acquisition by RTW and puts the $128m raised into the portfolio at an ‘ideal time’ as initial public offers revive.
Citywire logo

Baillie Gifford’s Schiehallion makes exceptional recovery

Annual results from Schiehallion show late-stage private equity fund making a strong recovery, pleasing Nick Greenwood who bought on last year's lows, although the stock still trades at a third of its 2021 peak.
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QuotedData’s morning briefing 16 April 2024 – NESF, SEED, RGL

In QuotedData’s morning briefing for 16 April: NextEnergy Solar Fund (NESF) announced it has refinanced its existing £135m short-term Revolving Credit Facility with AIB Group and NatWest which is due to expire in June 2024. The new facility is available until June 2026 and provides two additional 12-month extension options at NESF’s sole discretion to […]
Citywire logo

AIC lobbying against ‘frustrating’ platform buying restrictions

The Association of Investment Companies says it will challenge brokers to explain why they are stopping online trading in investment firms deemed not to be ‘fair value’ or ‘complex’.
Citywire logo

James Carthew: I’ve bought two more renewables, now looking at UK equity income

Patience may be needed to profit from weighed-down investment company shares, but the buying opportunities are certainly there.

Tetragon Financial Group

16 April 2024

FY23 growth driven by idiosyncratic factors.

Murray Income

15 April 2024

Delivering income and capital growth.

abrdn Asian Income Fund

15 April 2024

All looking good in terms of income and growth.

JPMorgan Global Core Real Assets

12 April 2024

QuotedData's Weekly News & Interview.

Schroder UK Mid Cap

12 April 2024

Mid-caps have bounced back on the potential for rate cuts.

Transaction in Own Shares

16/04/2024 - 19:20

BioPharma Credit PLC

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Transaction in Own Shares

16/04/2024 - 19:10

Impax Environmental Markets PLC

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Director/PDMR Shareholding

16/04/2024 - 19:00

Law Debenture Corp PLC

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BlackRock Income and Growth Investment Trust Plc - Transaction in Own Shares

16/04/2024 - 18:10

BlackRock Income & Growth

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Transaction in Own Shares

16/04/2024 - 18:50

Smithson Investment Trust PLC

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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.