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.

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Me and my trusts: Linus Uhlig on why he prefers investment trusts

Linus Uhlig, senior reporter on Investment Week, on what he likes about investment trusts.

Me and my trusts: Linus Uhlig on what trusts he holds, and why

Linus Uhlig, senior reporter on Investment Week, reveals what investment trusts he holds in his own portfolio.

Me and my trusts: Linus Uhlig on what started him investing

Award-winning financial journalist Linus Uhlig explains what triggered him to start investing.

Me and my trusts: Linus Uhlig

Nick Gardner, Investment Editor at the Association of Investment Companies (AIC), speaks to Linus Uhlig, senior reporter on Investment Week, about what got him into investing and why he prefers investment trusts.

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Director talk: Helen Sinclair

Helen is a director of Blackrock Smaller Companies Trust and Shires Income, and chairs Octopus Future Generations VCT.

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Emerging markets are making an overdue comeback

David Prosser on the potential for emerging markets investment trusts.

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Meet the manager: Richard Hickman

Managing Director of HarbourVest Private Equity (HVPE).

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ESG Attitudes Tracker: sentiment sours among financial advisers and wealth managers

But 96% recommend sustainable funds and ESG is now embedded in processes.

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Fantasy fund manager: all change at the top of the table with some big fund moves

Moira O’Neill jumps from third to first place

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The investment trusts investing in the data centre boom

Analysts comment on trusts with exposure to data centres and clean power.

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Investment trusts prove their mettle

David Prosser on closed-ended funds outperforming open-ended counterparts.

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Winners of the AIC Shareholder Communication Awards 2025

The awards recognise exceptional shareholder communication by AIC member investment trusts and their managers.

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.

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Trust round-up: Pantheon Infra, GRID, ORIT, Digital 9, Ecofin US

We summarise sales and purchases from five alternative investment companies as the transaction market picks up pace.
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Onward Opps completes largest fundraising yet as NAV hits record

Fledgling UK-smallers trust Onward Opportunities raised nearly £4m, having more than tripled in value since launch.
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Columbia Threadneedle exports two “redefined” active quant ETFs from US to Europe

Columbia Threadneedle, the US fund management giant behind F&C (FCIT) investment trust, has joined the influx of North American groups expanding into the European active exchange-traded funds (ETF) market in Europe. The launch of the Dublin-based US and European Equity Active ETFs represents an extension of its $29bn QR (Quant Redefined) business in the US, […]
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Nick Train “thinking about” investing in soaraway Rolls-Royce as Finsbury Growth continuation vote looms

Finsbury Growth & Income (FGT) fund manager Nick Train has revealed he had been “definitely thinking about” investing in Rolls-Royce (RR), the UK aerospace and engineering group that has made a stupendous three-year recovery under chief executive Tufan Erginbilgic. News that Train has held off buying a stock that has soared from 106p to nearly […]
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Saba says Baillie Gifford and Edinburgh Worldwide “impossible to believe” as they dismiss as “complete nonsense” activist’s claim that SpaceX shares were sold to ease USA merger

(Update) Baillie Gifford has issued a statement clarifying the decision to sell a third of Edinburgh Worldwide’s stake in SpaceX “was not made to facilitate a merger” with Baillie Gifford US Growth (USA). Responding to questions asked by activist hedge fund Saba Capital, which has accused the board of Edinburgh Worldwide (EWI) of acting in […]

Phoenix Spree Deutschland

12 January 2026

FY25 condominium sales beat expectations.

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.

International Public Partnerships

9 January 2026

Operational and strategic progress.

BlackRock Frontiers

8 January 2026

Historic valuation dislocation presents opportunity.

JPMorgan European Discovery

8 January 2026

Opportune time for European small-cap stocks.

Transaction in Own Shares

12/01/2026 - 17:59

BlackRock Greater Europe

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Cancellation of treasury shares

12/01/2026 - 17:46

Crystal Amber Fund

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Transaction in Own Shares

12/01/2026 - 17:40

Polar Capital Technology

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Transaction in Own Shares

12/01/2026 - 17:25

Mercantile Investment Trust

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Transaction in Own Shares

12/01/2026 - 17:23

Aberforth Smaller Companies

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