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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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

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Goodbye Mr PRIIPs

AIC applauds abolition of PRIIPs and a new disclosure regime

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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Killik’s Gilligan: Focus on Asia Dragon’s future not disappointing past

Don’t be put off by Asia Dragon's interim results and poor performance: key financials and a wide share price discount point to better things, says Mick Gilligan of Killik & Co.
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BSRT’s NAV falls on the back of a challenging market for junior miners

Baker Steel Resources Trust (BSRT) has released its annual results for the 12 months ending 31 December 2023. Over the year BSRT’s NAV per share decreased by 2.8%, compared with the increase in the MSCI World Metals and Mining Index of 13.8%. BSRT’s share price fell by 15.1%, finishing the year on a 48.8% discount. […]
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Ecofin U.S. Renewables dividend swept up by a tornado

Ecofin U.S. Renewables Infrastructure Trust (RNEW) released its annual financial results for the 12 months ending 31 December 2023: RNEW reported a negative NAV total return of -5.5% and share price total return of -28.0%. NAV per share decreased from 94.3 cents per share to 85.2 cents. The company’s total NAV was $117.7m as of […]
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Vietnam Enterprise Investments reports double digit NAV returns

Vietnam Enterprise Investments Limited (VEIL) has released its annual results for the 12 months ending 31 December 2023. VEIL has reported a NAV per share return of 10.5% over 2023, slightly below the Vietnam Index’s 11.1% gain, both in US$ total return terms. Over a 3-year period, VEIL still outperformed the Vietnam Index by 2.6%. […]
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Blackstone Loan Financing’s first results under its new wind-down policy

Blackstone Loan Financing (BGLF) has released its annual results for the 12 months ending 31 December 2023. BGLF reported a NAV total return of 10.39%, based on its published NAV, ending the period with a NAV of €0.9098 per share. BGLF also reports on an IFRS NAV basis, under which it returned a share price […]

Princess Private Equity Holding

29 April 2024

Introducing a well-defined buyback policy

Impax Environmental Markets

26 April 2024

QuotedData's New Client.

Schroder Income Growth

26 April 2024

Why Schroder Income Growth offers investors the best of both worlds.

Baillie Gifford Shin Nippon

26 April 2024

BGS’s portfolio is seeing strong sales growth but looks cheaper and cheaper.

Strategic Equity Capital

26 April 2024

Update research from QuotedData

Holding(s) in Company

29/04/2024 - 19:00

abrdn Asian Income Fund Limited

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BlackRock Throgmorton Trust Plc - Transaction in Own Shares

29/04/2024 - 18:00

BlackRock Throgmorton Trust

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Issue of Equity

29/04/2024 - 18:50

Ashoka India Equity Investment Tst

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Transaction in Own Shares

29/04/2024 - 18:50

abrdn Asian Income Fund Limited

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Transaction in Own Shares

29/04/2024 - 18:40

Murray International 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.