Compass: The AIC's monthly newsletter

This month in Compass, Ian Cowie blasts into space and explains how he will vote on Edinburgh Worldwide. We dive into discounts and reveal the 2025 fantasy fund manager winner.

Latest articles, press releases and videos

Search by topic

Only display results which combine all selected topics

Search by type

Thematic research

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

All the things that outperformed Nvidia in 2025

8 January 2026

Kepler Trust Intelligence looks for lessons in a list of the most successful investment trusts of the last year.

Next slide, please

17 December 2025

New rules on costs could provide a boost to the sector next year, what else do we want to see?

Edison explains: Critical social infrastructure – how to invest in the UK’s social impact REITs

16 December 2025

How to invest in the UK’s social impact REITs.

Saba demands Workspace wind-down within the year

14 January 2026

The US hedge fund’s ambitious plan has ‘theoretical appeal’ but would be ‘extremely challenging to execute’ in practice.

UK takes “monumental” step in offshore wind but renewables funds left whistling as KKR and RWE win big contracts in record 8.4GW auction

14 January 2026

The UK government has announced a record 8.4GW offshore wind auction but with no involvement from listed infrastructure funds struggling with deep share price discounts and a shortage of capital. US private equity group KKR and German utility RWE were the main winners alongside the UK’s SSE (SSE) and Copenhagen Infrastructure Partners in the UK’s […]

Saba pushes out-of-favour office provider Workspace to wind down and return cash

14 January 2026

Saba Capital, the activist hedge fund seeking to take control of Edinburgh Worldwide, has launched its next campaign, pressing Workspace Group (WKP) to enter a managed wind-down. Saba holds a 13.5% stake in the £786m real estate investment trust (REIT) and flexible office space provider. It has issued an open letter to its board urging […]

Morning briefing: AVI Japan sees 10.9% of shares tendered; Real Estate Investors open to offers; Polar Capital Global Healthcare’s outlook “compelling”; IPO’s Douglas Flint is Pru’s next chair

14 January 2026

AVI Japan Opportunity (AJOT) has seen 10.9%, or £47.7m, of shares tendered in its annual 100% exit opportunity following its merger with Fidelity Japan in November. The £438m investment trust will buy the nearly 26.9m of shares that were tendered at a 2% discount to net asset value at a price to be announced later […]

Trust Show: Charlotte Yonge unpacks busy year for Personal Assets

14 January 2026

Personal Assets' newest manager looks back on a lively 2025.

Temple Bar

14 January 2026

Premium investing.

Phoenix Spree Deutschland

12 January 2026

FY25 condominium sales beat expectations.

International Public Partnerships

9 January 2026

Operational and strategic progress.

Polar Capital Global Financials

9 January 2026

After several years of the global financials sector outperforming global equities, the managers of PolarCapitalGlobal Financials Trust (PCFT) remain positive about the sector's prospects, as they were last May.

BlackRock Frontiers

8 January 2026

Historic valuation dislocation presents opportunity.

Transaction in Own Shares

13/01/2026 - 17:58

Fidelity Emerging Markets

Transaction in Own Shares

13/01/2026 - 17:39

JPMorgan US Smaller Companies

Transaction in Own Shares

13/01/2026 - 17:33

JPMorgan Emerging Markets Growth & Income

Transaction in Own Shares

13/01/2026 - 17:33

The European Smaller Companies Trust

Holding(s) in Company

13/01/2026 - 17:32

Smithson Investment Trust

Compass: The AIC's monthly newsletter