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.

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Budget 2025: AIC welcomes “baby step” towards abolishing stamp duty but chancellor should have gone further

Initial public offerings (IPO) to benefit.

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Budget 2025: “Cutting the cash ISA is a milestone towards creating a nation of investors”

The AIC responds to the Chancellor’s budget statement.

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Government’s proposed changes to renewables subsidies would erode investor confidence

AIC warns of “higher costs for consumers”. Read the AIC’s full response to the government consultation.

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Don’t overlook the UK when it comes to your investments

David Prosser asks whether British investors are overlooking a bargain.

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UK Equities: Catching the Next Wave of Growth | Future Trends November 2025

The UK markets 20 run was narrow. Investment leaders debate: are forgotten quality names, mid-caps, or dividend stocks set to drive the next growth phase Discover crit...

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Unearthing Tech's True Growth Engines | Future Trends November 2025

Mike Seidenberg reveals to host Ryan Lightfoot-Aminoff the tech growth engines beyond headline AI: data centre power, next-gen infrastructure, and digital enablers. Don...

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Director talk: Mark Bridgeman

Mark is chair of Utilico Emerging Markets Trust.

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M&A activity drives momentum in biotech and healthcare

“The buying has not stopped” as excitement over weight loss drugs continues.

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Managers comment on whether AI is driving a stock market bubble

Investment trust managers reflect on the dotcom era and the parallels with today.

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Meet the manager: Jamie Hossain

Lead Portfolio Manager of International Public Partnerships.

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Fantasy fund manager: race heating up as competition enters penultimate month

The top three contestants are separated by just £1,000 in gains.

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Go forth and diversify

Think twice before putting all your money in a global tracker, suggests David Prosser.

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

Suffering from home bias? Try Asia and its smaller companies

What is the biggest hurdle to successful investment? Popular candidates normally include the likes of fear, short-termism and lack of expertise, but the title arguably deserves to go to a comparatively unappreciated phenomenon: home bias. By Gabriel Sacks, Lead Manager, Aberdeen Asia Focus PLC.
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GCP Infrastructure: Who needs jam tomorrow when you can get a 10% yield on an almost debt-free investment?

Annual results from GCP Infrastructure (GCP) have disappointed shareholders waiting for a big disposal that could fund a significant return of capital and reward them for holding on to stock standing 30% below net asset value (NAV). The £590m investment company, however, did say that its investment adviser Gravis Capital was “actively progressing transactions” that […]
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JPMorgan Asia upbeat ahead of continuation vote after new fund managers deliver plenty of growth and income

JPMorgan Asia Growth & Income (JAGI) sounds confident as it prepares for its next three-yearly continuation vote in February after a strong set of annual results following the reorganisation of its fund management team last year. Rebounds in China, Singapore, Taiwan and Korea in the second half of the financial year more than offset problems […]
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TwentyFour Select eyes more top-up dividends as “higher for longer” rates outlook boosts floating debt fund

TwentyFour Select Monthly Income (SMIF) is considering upping some of its monthly dividends after another strong year saw the 8%-yielder once again surpass its 6p per share payout target. The £288m debt fund, which mostly invests in floating rate assets, has paid shareholders 0.5p a month for most of its eleven-year life, topping up the […]
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Morning briefing: Saba doubles stake in SDCL Energy; Pacific Assets launches beauty parade; Schroder BSC still mulling options; Regional cuts fund management fee; plus BGFD, RKW, PEY, NRR, SWEF

Activist hedge fund Saba Capital doubled its position in SDCL Energy Efficiency Income (SEIT) to 10% on Tuesday, the day after its shares tumbled 18% after the company said in half-year results that it was looking at all strategic options, prioritising debt reduction and warned it may not recommend shareholders vote for the company’s continuation next year. […]

The Global Smaller Companies Trust

11 December 2025

Is this the start of a new small-cap cycle?

SDCL Efficiency Income

9 December 2025

Gearing higher, disposals progress now key.

Chrysalis Investments

5 December 2025

The road ahead.

BlackRock Greater Europe

5 December 2025

New co-manager and reduced management fees.

Seraphim Space Investment Trust

4 December 2025

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

Transaction in Own Shares and Total Voting Rights

11/12/2025 - 17:43

Crystal Amber Fund

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Transaction in Own Shares

11/12/2025 - 17:40

Allianz Technology Trust

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Transaction in Own Shares

11/12/2025 - 17:40

BH Macro

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Transaction in Own Shares

11/12/2025 - 17:35

Montanaro European Smaller Companies

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Transaction in Own Shares

11/12/2025 - 17:33

Alliance Witan

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Glossary

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

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