Compass: The AIC's monthly newsletter

This month in Compass, Ian Cowie explains what a new PM means to investors, managers reflect on the impact of the Brexit vote and we search for the next mega-IPOs.

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Thematic research

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

Full moon rising

2 July 2026

Myths and legends in investment trust M&A.

Keep calm and carry on

16 June 2026

Investment strategies for an uncertain world.

Roll up, roll up

15 June 2026

UK mid-cap stocks are still on sale.

Golden Prospect Precious Metals appoints Baker Steel in overhaul

Golden Prospect Precious Metals Ltd has moved to stabilise its future by agreeing heads of terms to appoint Baker Steel Capital Managers as its new investment manager and alternative investment fund manager (AIFM), expected to take effect in the third quarter of 2026.
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Aquila European Renewables “extremely dissatisfied” after bailing out Finnish wind farm for second time

Aquila European Renewables (AERI) chair Robert Naylor has added to his growing list of grievances against Aquila Capital after the investment company had to stump up €700,000 (£597,000) to bail out a wind power project in Finland and accused the site’s technical manager of missing out on valuable government support. Naylor said this was the […]
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Weakening market conditions knock 3.9% off Schroder European Real Estate ahead of wind-down

Schroder European Real Estate (SERE), the £85m commercial property investment trust drawing up plans for a managed wind-down, saw its portfolio fall 3.9% in the three months to 30 June.  Weaker investment demand for secondary offices and heightened economic uncertainty alongside concerns over rising inflation and interest rates knocked €7.5m off the valuation, the real […]
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Morning briefing: Andrew White leaves Great Portland Estates; Montanaro European says 5% tender over-subscribed; SDCL Efficiency Income’s wind-down approved; Saba exits Herald

Great Portland Estates (GPE) says development director Andrew White will leave the central London real estate investment trust after 13 years. Chief executive Toby Courtauld said White had played a leading role in many of the company’s most successful developments. His role will not be replaced with executive director Dan Nicolson retaining board level responsibility […]
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Going against the crowd – is an AI hangover coming?

Last week, I attended Troy Asset Management’s annual investment trust seminar. The event clearly has a loyal following, with many investors returning year after year, and the presentations offered some interesting perspectives. As space was limited, I thought I would share some of the key points for those unable to attend. Long-term capital preservation For […]

Real Estate Credit Investments

13 July 2026

FY’26 results: High yield, clear path to dividend cover.

BH Macro

9 July 2026

BHMG’s role as a portfolio diversifier looks increasingly relevant in today's markets.


 

Patria Private Equity

9 July 2026

Resilient portfolio earnings in H126.

Hansa Investment Company

9 July 2026

Hansa’s wide discount arguably doesn’t reflect the transformative year and positive outlook.

BH Macro USD

9 July 2026

BHMG’s role as a portfolio diversifier looks increasingly relevant in today's markets.


 

Transaction in Own Shares

13/07/2026 - 17:58

Henderson Smaller Companies

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Transaction in Own Shares

13/07/2026 - 17:48

Bankers Investment Trust

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Transaction in Own Shares

13/07/2026 - 17:35

BlackRock Greater Europe

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Notice of Annual General Meeting

13/07/2026 - 17:34

AEW UK REIT

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Transaction in Own Shares

13/07/2026 - 17:33

Schroder Income Growth Fund

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