Compass: The AIC's monthly newsletter

This month in Compass, we’re asking for your help. Get behind our campaign to defend shareholder democracy, and we assess the impact of Trump’s tariffs on trusts.

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Thematic research

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

Anchors away! Sailing the seas in search of a safe haven

14 May 2025

Will new safe havens create new equity market opportunities?

Investing in commodities

12 May 2025

How investment trusts can provide exposure to the long-term growth drivers for commodities.

Investing in Asia with investment trusts

8 May 2025

How investment trusts provide exposure to the growth story in Asia.

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PHP tables £1.68bn offer for Assura

Primary Health Properties (PHP) has made a counter bid for Assura that values the company at £1.68bn. The shares and cash offer would see Assura shareholders receive 0.3769 new PHP shares and 12.5 pence in cash. This includes the already paid quarterly dividend of 0.84p (paid on 9 April 2025) and the quarterly dividend of […]
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Trust Watch: Technology treats, takeover trouble, and UK smallers on sale

An easing in trade tensions has served up some technology treats while a real estate takeover has been thrown into doubt.
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US trade deal can revive UK stocks, but stay clear of the 'FTSE 40'

A US-UK trade deal doesn't equal certainty in UK markets, but it does look good for mid and small-caps, trust managers say.
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The importance of “time in” the market over “timing” the market

Equity markets have been on a rollercoaster ride thus far in 2025, largely thanks to one man: President Donald Trump, and his somewhat idiosyncratic views on tariffs and trade. The best measure of this is the CBOE Volatility Index, or VIX, which represents investors’ expectation of volatility over the coming 30 days. Having been below […]
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Land Securities upbeat as values return to growth

Land Securities delivered positive annual results with EPRA net tangible assets (NTA) increasing 1.7% over the 12 months to 31 March 2025, as real estate values returned to growth. The valuation of its portfolio was up 1.1% and is now worth £10.9bn. This reflected a return on equity of 6.4% and contributed to an EPRA […]

VinaCapital Vietnam Opportunity

16 May 2025

Vietnam is affected by global uncertainty.

BH Macro

15 May 2025

BHMG delivers a solid performance for 2024.

RIT Capital Partners

15 May 2025

Riding out the tariff storm.

Baillie Gifford Shin Nippon

14 May 2025

BGS has unveiled a strong package of measures to spark a recovery.

BH Macro USD

14 May 2025

BHMG delivers a solid performance for 2024.

Transaction in Own Shares

16/05/2025 - 18:16

BlackRock Throgmorton Trust

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Issue of Equity

16/05/2025 - 18:01

Law Debenture Corporation

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Transaction in Own Shares

16/05/2025 - 17:59

BlackRock Smaller Companies

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Form 8.5 (EPT/RI)-Urban Logistics REIT plc Amend

16/05/2025 - 17:59

Urban Logistics REIT

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Form 8.5 (EPT/RI)-Harmony Energy Income Trust plc

16/05/2025 - 17:58

Harmony Energy Income Trust

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