Compass: The AIC’s monthly newsletter

This month, Compass embarks on an adventure. Ian Cowie gets lost in space and our VCT managers are on a mission to discover the companies of the future.

Latest articles, press releases and videos

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Investment company 2023 review

Mergers, buybacks, liquidations and manager changes dominate corporate activity.

New year, new beginnings: what is your biggest cause for concern in 2024?

Annabel Brodie-Smith discusses concerns for 2024 with James Hart, Alex Wright and Emily Fletcher.

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Change in capital requirements for brokers could bring down cost of trading investment companies

The AIC warmly welcomes the Prudential Regulatory Authority’s (PRA’s) policy statement on the amount of capital brokers have to hold to make markets in investment company shares.

New year, new beginnings: what is your biggest cause for optimism in 2024?

A panel of experts discuss their biggest causes for optimism in the coming year.

New year, new beginnings: what did you enjoy most about managing your trust this year?

James Hart, Alex Wright and Emily Fletcher, Co-Manager of BlackRock Frontiers reveal their favourite parts of managing their trusts this year.

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In praise of renewable energy funds

David Prosser looks at investment opportunities in renewable energy.

New year, new beginnings: Investment company review of 2023 and outlook for 2024

Featuring comments from James Hart, Investment Director of Witan Investment Trust, Alex Wright, Portfolio Manager of Fidelity Special Values, Emily Fletcher, Co-Manager of BlackRock Frontiers.

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Putting on the pounds

Ian Cowie celebrates some healthy returns this year

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Follow the emerging stars

Cherry Reynard seeks growth in emerging markets.

Hardman Talks | Widening discounts in investment companies

Keith Hiscock and Riccardo Bindi are joined by Annabel Brodie-Smith, Communications Director of the Association of Investment Companies, to talk about discounts to net asset value in the sector.

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Top-performing investment company sectors in 2023

Private Equity comes first, followed by Technology this year.

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Fund manager poll

Information technology tipped for the top in 2024.

Thematic research

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

Range anxiety

7 February 2024

We look at what context we can gain from ten years of discount analysis.

2023 was an annus horribilis for Infrastructure and Renewable Energy

1 February 2024

The focus of Hardman & Co Research is on the nine quoted Infrastructure Investment Companies (IICs) and on the 22 Renewable Energy Infrastructure Funds (REIFs).

Share the wealth, Xi...

25 January 2024

The world's most successful communist country could benefit from a welfare state.

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European Opportunities capitalises on the Novo Nordisk rally to beat the market

European Opportunities (EOT) has released its interim results for the half year ended 30 November 2023. Selected highlights as follows: EOT generated a NAV total return of 4.3% over the period and a share price total return of 7.7%. Both of these represent an outperformance relative to EOT’s benchmark, the MSCI Europe Index, which returned […]
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Novo Nordisk’s fat returns drive Darwall fund higher and could keep Boaz at bay

Half-year results show the £599m European Opportunities Trust that recently underwent a 25% tender offer beat its benchmark, but has work to do with activist Saba holding 4%.
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‘Buy’ this renewable fund’s clean and well-covered 7% dividend

Results from The Renewables Infrastructure Group (TRIG) demonstrate the sell-off of clean energy funds has gone too far and the shares look attractive on a 20% discount.
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JPMorgan Emerging Markets offers 2029 tender if performance doesn’t improve

Two leading value investors are thought to have pressed the board to buy back 25% of the trust's shares if returns do not beat the MSCI Emerging Markets index in next five years.
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Greencoat UK Wind beats its dividend target

Greencoat UK Wind (UKW) has released its results for its financial year ending 31 December 2023. UKW’s NAV fell slightly from £3.9bn to £3.8bn, equal to a fall from 167.1p to 164.1p on a per share basis. UKW’s share price also fell over the period, from 152p to 151.5p, finishing the year with a market […]

Fidelity Japan Trust

29 February 2024

FJV looks for undiscovered growth stories in Japan.

Law Debenture Corporation

28 February 2024

One plus one equals three.

Real Estate Credit Investments

27 February 2024

French and German exposures in perspective

Ashoka India Equity

26 February 2024

AIE is the top-performing India fund since launch.

Atrato Onsite Energy

23 February 2024

QuotedData's Weekly News & Interview

Total Voting Rights

01/03/2024 - 01:20

Smithson Investment Trust PLC

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Transaction in Own Shares

01/03/2024 - 01:20

Smithson Investment Trust PLC

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BlackRock Smaller Companies Trust Plc - Transaction in Own Shares

29/02/2024 - 18:20

BlackRock Smaller Companies

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Form 8.3 - UK Commercial Property REIT Limited plc

01/03/2024 - 01:10

State Street Global Advisors

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BlackRock Throgmorton Trust Plc - Transaction in Own Shares

29/02/2024 - 18:20

BlackRock Throgmorton Trust

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Glossary

Familiarise yourself with industry terminology.

Research tools

Access information on your chosen investment companies, or find and compare companies using our screening and monitoring tools.

Invest & engage

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.