Compass: The AIC's monthly newsletter

This month in Compass, trust managers explain the continued demand for oil and gas, Ian Cowie makes the case for bonds, and we look at why global emerging markets are flying.

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Investment trusts can keep the faith

David Prosser argues in favour of a long-term approach.

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Time to take stock of UK smaller companies?

David Prosser on the case for a rebound in UK small-cap trusts.

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Asia’s Untapped Growth: Rethinking Diversification Beyond the Headlines | Future Trends in Investment Trusts, June 2026

Why write off Asian equities now Gabriel Sacks, Lead Manager, Aberdeen Asia Focus PLC, and James Burns, Head of MPS, Evelyn Partners, dismantle misconceptions and spotli...

Me and my trusts: Patrick Hosking – what do you most like about investment trusts?

Patrick Hosking, former Financial Editor of The Times, on why he prefers investment trusts to other funds.

Me and my trusts: Patrick Hosking – are savers right to be nervous about investing?

Patrick Hosking, former Financial Editor of The Times, on what advice he’d give to first-time investors.

Me and my trusts: Patrick Hosking – former Financial Editor of The Times

Patrick Hosking, former Financial Editor of The Times, explains what advice he'd give to first-time investors, what he likes about investment trusts, and what trusts he holds in his own portfolio.

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Scaling the Mountain: Navigating Private Growth with Schiehallion | Future Trends in Investment Trusts, June 2026

For investors seeking the next wave of outperformance, private growth is rewriting the playbook. Lucie Majstrova of Baillie Giffords Schiehallion Fund shares how the f...

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A decade after the referendum: how has Brexit impacted UK investment trusts?

“The main reason for optimism is that the valuation starting point is just so low”.

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Investment trusts: the treatments and takeovers behind the biotech boom

From cancer to depression, new medicines will transform health outcomes.

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The gift that keeps on giving

David Prosser on the advantages of opening pensions for children.

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Oil and gas: investment trusts comment on opportunities and risks

“…one of the most compelling medium-term setups for the energy sector seen in over a decade”

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Average investment trust discount hits single digits

Narrowest discount since 2022.

Thematic research

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

Fortunate Austria

10 June 2026

We build a portfolio of low-beta investment trusts.

Famous for 15 minutes

3 June 2026

We take arms against a field of sacred cows.

Siren song

20 May 2026

Long-term cash holdings may cost investors more than they think, but investment trusts offer a compelling alternative through strong dividend growth potential.

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Glenstone makes £56m ‘hostile takeover' bid for Alternative Income Reit

The trust's largest shareholder cited ‘growing concern over potential portfolio issues' after its previous offer was rejected in November last year.
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Why Saba’s real estate raid may come unstuck

Saba has set its sights on a new target – rental property landlord Grainger (GRI). It echoes its campaign at fellow London-listed REIT Workspace Group (WKP), where it has requisitioned to replace the board with its own nominees and push ahead with a managed wind down. Both companies have attracted the attentions of the US […]
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Glenstone launches hostile bid for Alternative Income REIT

The wave of consolidation sweeping the REIT (real estate investment trust) sector continues apace. Three weeks after issuing a public approach, Glenstone REIT has made a £56.3 million all-cash offer for Alternative Income REIT (LON:AIRE).
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Scottish Mortgage rallies on day of SpaceX IPO as fund manager Tom Slater warns its shares could be volatile

Update: Scottish Mortgage (SMT) shares rallied 5% after bullish SpaceX investors shook off a warning from fund manager Tom Slater of the potential for volatility in Elon Musk’s company heading for a record $1.77trn (£1.3trn) flotation this afternoon.   Shares in the £15.9bn Baillie Gifford flagship advanced 68.5p to £14.94 before slipping to close at […]
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Partners Group Private Equity writes off £17m Pharmathen investment after Greek company hit by FDA import alert

Partners Group Private Equity (PEY) has written off its €20m (£17.3m) investment in Pharmathen, a Greek developer of advanced drug delivery technologies hit by an import alert from the US Food and Drug Administration (FDA) last year. “Despite major operational turnaround initiatives over the last year,” PEY said restrictions to US exports meant “the implied […]

Aberdeen UK Smaller Companies Growth

12 June 2026

AUSC could thrive in a UK small-cap recovery.

BlackRock Greater Europe

12 June 2026

BRGE’s quality growth strategy takes a more disciplined approach to valuation.

ICG Enterprise Trust

10 June 2026

FY’26 results: look to future realisations.

Templeton Emerging Markets

10 June 2026

TEM offers exposure to attractive structural growth themes across emerging markets.

Molten Ventures

10 June 2026

ICEYE fundhttps://email.edisongroup.com/c/AQi4ixYQ6ZagAhics8dHINqf3hQo6YbnCFBbK9Q1fRp3-zRv2v6MiBKmT0dboCkV-lGK_-1NGckqing round triggers over 200% uplift.

Holding(s) in Company

12/06/2026 - 18:51

BlackRock Latin American

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Transaction in Own Shares

12/06/2026 - 18:35

BlackRock Smaller Companies

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Form 8.3 - LondonMetric Property plc

12/06/2026 - 18:08

Schroder Real Estate

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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGL Replacement

12/06/2026 - 17:59

Schroder Real Estate

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Transaction in Own Shares

12/06/2026 - 17:39

Biotech Growth Trust

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