The Association of Investment Companies (AIC) has launched an online resource for prospective investment company directors, which aims to encourage a wide and diverse group of candidates to find out more about the role.
‘Pathway’ (https://www.theaic.co.uk/pathway/) provides a range of helpful resources for potential board candidates, including guides and videos explaining how investment companies work, what directors do, and how new directors are recruited. The website also includes stories from current directors and advice from the AIC’s Chair, Rachel Beagles, as well as tips from headhunters on how to find roles, hone a CV and prepare for interviews.
Rachel Beagles, Chair of the Association of Investment Companies (AIC), said: “We have launched Pathway to help the investment company industry attract a diverse range of talented new directors.
“Investment companies are not just interested in the more obvious competences like asset management or accountancy. They’re also looking for marketing skills, distribution experience and high-level business expertise, as well as more specialist knowledge of particular industries or sectors.
“I’ve found being an investment company director a hugely rewarding experience and I would encourage more candidates to consider it by visiting our new website, Pathway.”
Ian Sayers, Chief Executive of the Association of Investment Companies (AIC), said: “We wanted Pathway to provide a one-stop shop for prospective board candidates to find out more about being a director of an investment company. There is a wealth of information on investment companies and some really useful advice on how to go about getting a directorship, as well as personal stories that bring to life what it’s like being a director.
“Independent boards who look after shareholders’ interests are a key benefit of the investment company structure, so attracting the right people is vital. We hope Pathway will help people who may not have considered being an investment company director to become part of the industry.”
Resources within Pathway include:
- Directors’ personal stories and helpful information for candidates including advice from AIC Chair, Rachel Beagles
- Presentations, videos and articles on investment companies and the role of the board
- Advice from headhunters on the recruitment process with tips such as ‘How to find a NED role’ and ‘What makes a good CV?’
- A directory of board recruiters
- A directory of board development programmes
- Information on forthcoming events for prospective investment company directors
- FAQs about being an investment company director
Pathway is free to access after registering. You can register here.
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- 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 closed-ended investment companies, incorporating investment trusts and other closed-ended investment companies and VCTs. The AIC’s members believe that the industry is best served if it is united and speaks with one voice. The AIC’s mission statement is to help members add value for shareholders over the longer term. The AIC has 362 members and the industry has total assets of approximately £208 billion.
- Disclaimer: The information contained in this press release does not constitute investment advice or personal recommendation and it is not an invitation or inducement to engage in investment activity. You should seek independent financial and, if appropriate, legal advice as to the suitability of any investment decision. Past performance is not a guide to future performance. The value of investment company shares, and the income from them, can fall as well as rise. You may not get back the full amount invested and, in some cases, nothing at all.
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