Compass: The AIC's monthly newsletter

This month in Compass, Ian Cowie analyses the impact of Iran on investment trusts, and our most experienced managers share lessons learned during previous crises.

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Make the most of the new tax year

David Prosser on why it makes sense to invest as soon as you can.

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What is gearing?

Unlike other kinds of fund, investment trusts can borrow money to invest, known as “gearing”. Nick explains how it works.

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Director talk: Vanessa Neill

Vanessa is non-exec director and chair of the ESG Committee at CVC Income & Growth.

Me and my trusts: Moira O'Neill - what do you like about investment trusts?

Nick Gardner, Investment Editor of the Association of Investment Companies, asks journalist Moira O'Neill what she likes about investment trusts.

Me and my trusts: Moira O'Neill - what investment trusts do you hold and why?

Nick Gardner, Investment Editor of the Association of Investment Companies, asks journalist Moira O'Neill what trusts she holds.

Me and my trusts: Moira O'Neill - how do you encourage people to invest in the stock market?

Nick Gardner, Investment Editor of the Association of Investment Companies, asks journalist Moira O'Neill how she encourages people to invest in the stock market.

Me and my trusts: Moira O’Neill

Nick Gardner, Investment Editor of the Association of Investment Companies, asks journalist Moira O'Neill how she encourages people to invest, what trusts she holds and what she likes about investment trusts.

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Tariff tantrums

Ian Cowie investigates which trusts stand to benefit from Trump's trade turbulence.

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Investment trusts that can weather the storm

Top performing managers explain how they handled a challenging decade.

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High yields, consistent income

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

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How do you measure the performance of an investment trust?

Nick Britton, Research Director of the AIC explains the differences between an investment trust's NAV return and share price return as measures of performance.

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Meet the manager: Tim Levene

CEO of Augmentum Fintech.

Thematic research

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

The game of their lives

2 April 2026

Kepler analyse how UK equity-focussed investment trusts have performed relative to open-ended funds with near-identical mandates.

Bakumatsu

19 March 2026

We make the case for investing less in the USA.

Situation normal?

12 March 2026

A turbulent few years for UK REIT share prices contrasts with steady rental growth.

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3i slump drags Mercantile below benchmark

Large holdings in alternative asset managers caused the greatest damage to performance last year.
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Probe launched into PwC audit of collapsed Digital 9 Infra 

Analysts expect a 75% write down in its NAV per share in its next update.
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Impax AM shares crash as loss of Environmental Markets trust heightens concern over asset outflows

Shares in Impax Asset Management (IPX) plunged 25% today after investors reacted to further outflows from the sustainable investment group worsened by the impending loss of Impax Environmental Markets (IEM). IPX dropped 31.4p to 94.2p, close to a nine-year low, on news that just over £2bn had been withdrawn from Impax funds in the first quarter […]
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Pictet enters active ETF market with five AI-enhanced funds

Pictet Asset Management is preparing to launch five AI-enhanced active UCITS ETFs in Europe, marking the Swiss group’s first move into the region’s ETF market. The funds will be domiciled in Ireland and will cover US, world, emerging markets, Europe and world ex-US equities under the tickers PQUS, PQWD, PQEM, PQEU and PQWX, respectively. Pictet […]
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GRID delays £150m earnings target as connection dates move

The update means four of the battery storage trust's five pipeline projects now have confirmed energisation dates.

Aberdeen Asia Focus

10 April 2026

Excellent stock selection has driven impressive long-term returns.

JPMorgan Emerging Markets Dividend Income

10 April 2026

JEMI helps income investors capture the growth potential of emerging markets.

Lowland

10 April 2026

A solid start to the year.

Templeton Emerging Markets

8 April 2026

Equity proposition.

Fidelity Special Values

8 April 2026

FSV has delivered strong outperformance over the long and short term.

Form 8.3 - LondonMetric Property plc

09/04/2026 - 17:56

Schroder Real Estate

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Form 8.3 - LondonMetric Property plc

09/04/2026 - 17:55

Schroder Real Estate

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Transaction in Own Shares

09/04/2026 - 17:50

HgCapital Trust

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Transaction in Own Shares

09/04/2026 - 17:48

JPMorgan UK Small Cap Growth & Income

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Transaction in Own Shares

09/04/2026 - 17:32

GCP Infrastructure Investments

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Glossary

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

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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.