Compass: The AIC's monthly newsletter

This month in Compass, Ian Cowie explains what a new PM means to investors, managers reflect on the impact of the Brexit vote and we search for the next mega-IPOs.

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A decade after the referendum: where has Brexit left UK investment trusts?

James Henderson of Lowland Investment Company, Mark Niznik of Artemis UK Future Leaders and Simon Gergel of The Merchants Trust discuss the impact of the Brexit vote on UK investment trusts.

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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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The investment trust sectors that could protect you from high inflation

David Prosser proposes some investment strategies to consider for those worried about the rising cost of living.

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30 investment trusts make up next generation of dividend heroes

Foresight Environmental Infrastructure and Utilico Emerging Markets are new joiners with ten consecutive years of dividend growth.

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Dividend heroes: 20 investment trusts have increased dividends for 20+ years

"We wear our AIC dividend hero badge with genuine pride."

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In praise of a consistent income

David Prosser explains the extraordinary capacity of investment trusts to maintain dividend growth.

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UK Equity Income investment trusts: will the good times continue?

Comments from trust managers on the opportunities and challenges below.

Why investment trusts have all the answers for income investing: Annabel Brodie-Smith explains

At the Investor Summit, Annabel Brodie-Smith talks about the benefits of investment trusts and how the managers in her panel explained investment trusts' advantages for income investors.

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In search of inflation-busting income

David Prosser considers how savers should tackle falling savings rates and rising inflation.

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Investment trust review H1 2025

A “whirlwind half-year” of mergers, acquisitions and liquidations.

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H1 2025: top performing investment trust sectors

European sectors and UK commercial property lead the field.

An introduction to the AIC's Investment Company Showcase

The AIC's private investor event offers investors the chance to hear from 30+ portfolio managers of investment trusts covering UK equities to emerging markets, high income to technology.

Thematic research

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

The changing of the guard

14 July 2026

A World Cup style review

14 July 2026

Full moon rising

2 July 2026

Myths and legends in investment trust M&A.

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AEW UK Reit makes fresh bid for Alternative Income

The offer represents a 6% discount to Alternative Income's net asset value, which is wider than its previous 3% bid but an improvement on Glenstone's 15.4% proposal.
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Bid battle breaks out over Alternative Income REIT

A bidding war for commercial property-focused fund Alternative Income REIT (LON:AIRE) has broken out with AEW UK REIT (LON:AEWU) re-entering the fray.
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AEW UK REIT “considering” counter bid for small rival Alternative Income

A bid battle for Alternative Income REIT (AIRE) has broken out with AEW UK REIT (AEWU) returning to the fray with a possible higher all-share offer. AEWU, a top-performing £169m UK real estate investment trust, said it was “considering” offering 0.725 of its shares for each AIRE share, priced at a 6% discount to AIRE’s […]
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Morning briefing: Supermarket Income raises £100m for acquisitions; Barratt Redrow launches £386m buybacks in response to Phoenix AM’s demand; Diverse Income’s liquidation added to Premier Miton’s “challenging” outflows

Supermarket Income REIT (SUPR) has raised the £100m it was seeking in yesterday’s placing and retail offer. It will issue 120.5m shares at 83p, which, as the price is below the 87.5p per share of net asset value at 31 December, requires the approval of shareholders at a general meeting on 3 August. If this […]
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HarbourVest passes continuation vote with ‘overwhelming support’

Almost all votes were in favour of the £2.4bn private equity trust’s continued existence despite several activists on the register.

Real Estate Credit Investments

13 July 2026

FY’26 results: High yield, clear path to dividend cover.

BH Macro

9 July 2026

BHMG’s role as a portfolio diversifier looks increasingly relevant in today's markets.


 

BH Macro USD

9 July 2026

BHMG’s role as a portfolio diversifier looks increasingly relevant in today's markets.


 

Hansa Investment Company

9 July 2026

Hansa’s wide discount arguably doesn’t reflect the transformative year and positive outlook.

Hansa Investment Company

9 July 2026

Hansa’s wide discount arguably doesn’t reflect the transformative year and positive outlook.

Purchase of 2026 ZDP Shares

15/07/2026 - 18:15

UIL

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Form 8.5 (EPT/RI)-LondonMetric & Schroder Amend

15/07/2026 - 18:07

Schroder Real Estate

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Transaction in Own Shares

15/07/2026 - 17:51

BlackRock Smaller Companies

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Transaction in Own Shares

15/07/2026 - 17:46

Worldwide Healthcare Trust

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Transaction in Own Shares

15/07/2026 - 17:44

Finsbury Growth & Income Trust

Read more

Glossary

What does that word mean? Find your way around investment trust jargon.

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