Compass: The AIC's monthly newsletter

This month in Compass, trust managers explain the continued demand for oil and gas, Ian Cowie makes the case for bonds, and we look at why global emerging markets are flying.

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Thematic research

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

Roll up, roll up

15 June 2026

UK mid-cap stocks are still on sale.

Fortunate Austria

10 June 2026

We build a portfolio of low-beta investment trusts.

Famous for 15 minutes

3 June 2026

We take arms against a field of sacred cows.

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Aquila European Renewables demands to know if fund manager withheld vital information on its valuation

Update: Robert Naylor, activist chair of Aquila European Renewables (AERS) looks to be preparing to dismiss Aquila Capital for possible breach of contract after suggesting the fund manager may have “withheld information material to the company’s valuation”. In an update to the row that broke out in May when Aquila Capital pulled out of a […]
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Renewables Infrastructure Group sells Beatrice wind farm for £155m

Update: The Renewables Infrastructure Group (TRIG) has sold its 17.5% stake in the Beatrice offshore wind farm to Equitix funds for £155m at a 4% discount to net asset value and says it will use the money to reduce the £240m drawn on its credit facility. The £1.7bn investment company, whose shares stand 29% below […]
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Morning briefing: Saba lifts Workspace stake to nearly 24%; Big Yellow sells Harrow industrial estate to build dozen new self-storage stores; plus Custodian Property, Phoenix Spree, Yellow Cake

Saba Capital has increased its stake in Workspace Group (WKP) from 22% to 23.8%, the bulk of it in derivatives. The activist US hedge fund has requisitioned a general meeting to replace the board but could face opposition from real estate developer Nicholas Roditi who holds 29% through London & Amsterdam Trust. In annual results […]
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Glenstone makes £56m ‘hostile takeover' bid for Alternative Income Reit

The trust's largest shareholder cited ‘growing concern over potential portfolio issues' after its previous offer was rejected in November last year.
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Why Saba’s real estate raid may come unstuck

Saba has set its sights on a new target – rental property landlord Grainger (GRI). It echoes its campaign at fellow London-listed REIT Workspace Group (WKP), where it has requisitioned to replace the board with its own nominees and push ahead with a managed wind down. Both companies have attracted the attentions of the US […]

Aberdeen UK Smaller Companies Growth

12 June 2026

AUSC could thrive in a UK small-cap recovery.

BlackRock Greater Europe

12 June 2026

BRGE’s quality growth strategy takes a more disciplined approach to valuation.

ICG Enterprise Trust

10 June 2026

FY’26 results: look to future realisations.

Templeton Emerging Markets

10 June 2026

TEM offers exposure to attractive structural growth themes across emerging markets.

Molten Ventures

10 June 2026

ICEYE fundhttps://email.edisongroup.com/c/AQi4ixYQ6ZagAhics8dHINqf3hQo6YbnCFBbK9Q1fRp3-zRv2v6MiBKmT0dboCkV-lGK_-1NGckqing round triggers over 200% uplift.

Holding(s) in Company

12/06/2026 - 18:51

BlackRock Latin American

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Transaction in Own Shares

12/06/2026 - 18:35

BlackRock Smaller Companies

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Form 8.3 - LondonMetric Property plc

12/06/2026 - 18:08

Schroder Real Estate

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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGL Replacement

12/06/2026 - 17:59

Schroder Real Estate

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Transaction in Own Shares

12/06/2026 - 17:39

Biotech Growth Trust

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