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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How can investment trusts provide a stable income?

Nick explains why investment trusts are particularly popular with investors looking for predictable income.

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VCTs: a 30-year legacy

Featuring comments from James Hendry of Gresham House Ventures, which manages the Baronsmead VCTs, Peter Dines of Mercia Ventures, which manages the Northern VCTs and Robert Whitby-Smith of Albion Capital, which manages the Albion VCTs.

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How to vote your shares

As an investment company shareholder, you have the right to vote on important decisions facing the company. Here we explain how to make sure your voice is heard.

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What are the differences between investment trusts and other funds?

Find out how investment trusts differ from other kinds of fund, including the crucial role of the independent board.

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What's the difference between investing in a trust and picking your own shares?

Nick Britton, Research Director of the AIC, explains the differences between investing in an investment trust and investing in a portfolio of shares you pick yourself.

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Director talk: Mai Fenton

Mai is non-executive director of Henderson International Income.

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How to profit from the most undervalued investment trusts

Experts pick their favourite trusts on double-digit discounts.

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Meet the manager: Kenneth MacKenzie

Portfolio Manager of Target Healthcare REIT.

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VCTs: a 30-year legacy

The venture capital trust scheme celebrates its 30th birthday this year.

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Did you buy one of January’s most popular funds?

David Prosser explains what trusts topped the sales charts last month.

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The 50 investment trusts that would have made you an ISA millionaire

Allianz Technology Trust is top performer with a return of nearly £3 million.

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"My share, my vote"

Richard Stone explains the AIC's new "My share, my vote" campaign, which aims to ensure every investment trust shareholder is able to exercise their vote.

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.