Compass: The AIC's monthly newsletter

This month Compass steps into Christmas. We reveal this year’s investment trust star performers, and our managers predict what’s in store for 2026.

Latest articles, press releases and videos

Search by topic
Image

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.

Image

In search of inflation-busting income

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

Image

Come to the Investment Company Showcase on 10 October

Attend in person or online to hear from the UK’s leading investment trust managers.

Image

Investment trust review H1 2025

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

Image

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.

Image

Investing for lower interest rates

David Prosser on the likely beneficiaries as interest rates fall.

Image

Which trusts will rise as interest rates fall?

Infrastructure, renewable energy and property investment trusts are tipped to benefit most.

Image

Four weeks from Liberation Day: What's the impact?

The AIC has published a list of the investment trust sectors that have performed the best and worst since President Trump’s announcements.

Image

High yields, consistent income

AIC reveals list of 26 investment trusts yielding 5%+ with no dividend cuts in past ten years.

Image

Dividend heroes

20 investment trusts have increased dividends for 20+ years.

Thematic research

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

Back to the future

26 November 2025

Our analyst argues investment trusts are the modern way to invest.

Following the flow, where global capital is looking next

19 November 2025

Recent flows point to a potentially subtle shift, with investors reassessing the regions offering a balance of value and reform-driven growth outside the US.

Understanding the world’s oldest collective investment vehicle

18 November 2025

Edison explains: Investment trusts

Quoted data logo

Molten takes some profits in Seraphim-backed ICEYE after satellite company hits £2.1bn, puts more into Modo Energy

Molten Ventures (GROW) has taken £17.5m in gains from ICEYE, the Finnish satellite operator which it says recently secured a €2.4bn (£2.1bn) valuation in a €150m fund raising. The £856m investor in unquoted, high growth technology companies said after the partial realisation its remaining holding in ICEYE is worth around £85m, up from £74m at […]
Quoted data logo

Baillie Gifford Shin Nippon brings forward 15% tender offer and will provide 100% exit in 2031 if trust doesn’t beat index

Baillie Gifford Shin Nippon (BGS) will provide shareholders with a 100% exit opportunity in five years’ time under a revision to the tender offer plan announced last year. The board of the poorly-performing Japanese smaller company growth fund said the original plan for a 15% tender offer if returns failed to beat its benchmark in […]
Quoted data logo

Finally! New FCA rules on cost disclosure. But can the damage be repaired?

The FCA has published its new consumer composite investment (CCI) rules, which are designed to govern how CCIs interact with investors. Effectively, this is the resolution that we have long been waiting for on cost disclosures. Many in the investment companies sector had lobbied for closed-end investment funds to be outside the scope of this […]
Quoted data logo

AIC: Cost disclosure changes have banished the dark “cloud” that’s hung over investment companies for four years

The Association of Investment Companies (AIC) and cost disclosure campaigners have welcomed the City regulator’s confirmation that UK-listed closed-end funds will fall under its new rules for “consumer composite investments” (CCI) but they will have the flexibility to present their expenses clearly and fairly. Responding to the huge level of feedback from 115 investment companies […]
Quoted data logo

Trust Spot: After November’s fireworks, Schiehallion and Aurora UK Alpha might deserve a second look

November, a month of fireworks, saw explosive gains from several investment companies but other London-listed funds fizzled out with big falls. Amid all the noise, there were several significant moves in share price ratings. Best performing investment companies November’s biggest share price risers (left) and biggest gainers in net asset value (right). Fund Share price […]

BlackRock Greater Europe

5 December 2025

New co-manager and reduced management fees.

Chrysalis Investments

5 December 2025

The road ahead.

Seraphim Space Investment Trust

4 December 2025

Dual-use SpaceTech: a strategic shift, not a short-term trend.

Hansa Investment Company

4 December 2025

Court judgment sanctioning the scheme.

Hansa Investment Company

4 December 2025

Court judgment sanctioning the scheme.

Transaction in Own Shares

08/12/2025 - 18:00

BlackRock Greater Europe

Read more

Transaction in Own Shares

08/12/2025 - 17:59

BlackRock Income & Growth

Read more

Transaction in Own Shares

08/12/2025 - 17:45

MIGO Opportunities Trust

Read more

Transaction in Own Shares

08/12/2025 - 17:42

The European Smaller Companies Trust

Read more

Transaction in Own Shares and Total Voting Rights

08/12/2025 - 17:36

Crystal Amber Fund

Read more

Glossary

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

Research tools

Find and compare investment companies and trusts, or look up a company you're interested in.

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.