Compass: The AIC’s monthly newsletter

This month, Compass gets in the festive mood. Ian Cowie piles on the pounds with 2023’s winners and our fund managers look at what’s in store for 2024.

Latest articles, press releases and videos

interactive investor wins AIC Shareholder Engagement Award for the third year in a row

interactive investor has been recognised for its initiatives to empower investment company shareholders, winning the AIC Shareholder Engagement Award 2023.

19 September 2023

AIC to host second investment company showcase with guest speaker Nick Robinson

The Association of Investment Companies (AIC) will hold the next Investment Company Showcase on Friday 20 October 2023.

18 September 2023

Gearing up for growth

David Prosser explores how investment companies’ borrowing can boost returns for investors.

13 September 2023

How Space Will Change Your World | Seraphim Space Investment Trust

Find out how space technology has the potential to transform and improve life on Earth.

8 September 2023

A quick swap for extra value?

David Prosser explains the benefits of switching from open-ended funds to their investment company counterparts.

4 September 2023

In praise of share buybacks

David Prosser explores how boards are turning to share buybacks to address wide discounts.

25 August 2023

Venture Capital: Downside Protection and Portfolio Resilience

Molten Ventures, Augmentum Fintech and Seraphim Space debunk common myths about VC investments and discover how they differ from listed equities.

22 August 2023

Investment companies show their colours

David Prosser reflects on the features that make investment companies unique.

21 August 2023

A change in fortunes for private equity trusts?

David Prosser explores whether the tide might finally be turning for private equity trusts and their investors.

18 August 2023

Meet the manager: Jean Roche

Lead Fund Manager of Schroder UK Mid Cap Fund.

18 August 2023

Cost of university is more daunting than ever

More than half of current or prospective university students have considered not going to university because of the costs involved.

14 August 2023

Investment Trust Update | 8th August 2023

In this update, Rory Palmer discusses RIT Capital Partners' records 'broadly flat' NAV total return in H1 2023; abrdn Smaller Companies Income Trust set to merge with Sh...

8 August 2023

Thematic research

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

Built to last

22 November 2023

UK commercial property trusts have weathered a fierce storm, but our analysts think their fortunes may already have passed a nadir...

The Asian century

15 November 2023

Failing to invest in Asia means omitting half the global economy from your portfolio...

Back to basics

1 November 2023

Higher rates mean re-visiting portfolio construction...

QuotedData’s weekly news update 8th December

8 December 2023

Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, James Carthew covered the week’s top stories: Chrysalis (0:20) Baring Emerging EMEA Opportunities (3:23) Ecofin US Renewables (7:21) This week’s interview was with Joe Bauernfreund from AVI Japan Opportunity Trust– watch it […]

Sub-scale Barings Emerging warns it may have to fold

8 December 2023

Board of £73m investment trust hit by last year’s writedown of Russian assets warns it could become unviable if a performance-related tender offer is triggered in 2025.

QD view – your vote will count in Arb fight

8 December 2023

Discounts in the investment trust sector are almost double their average[1], with the combination of cost disclosure rules and rising interest rates creating widespread selling pressure. It is perhaps not surprising that this has caught the attention of activist investors who spot an opportunity. Saba Capital is the latest arbitrageur on the block, thought to […]

Abrdn commits to buy over £30m of shares in its shrinking trust range

8 December 2023

UK’s third-largest investment company manager will reinvest six months of fees in its 17 closed-end funds, a sign of confidence in a range that has contracted this year.

SpaceX take-off could boost Baillie Gifford trusts and Seraphim

8 December 2023

Elon Musk’s SpaceX begins talks on a tender offer that could up the value of the unlisted company by $25bn, a boon to six trusts that back it or invest in the sector.

Pacific Horizon

8 December 2023

Annual Overview from QuotedData

Schroder British Opportunities

6 December 2023

Results analysis from Kepler Trust Intelligence

Brown Advisory US Smaller Companies

6 December 2023

Investing in US small caps with investment trusts

Apax Global Alpha

4 December 2023

Hidden gems strategy delivering new investment opportunities

Aberforth Split Level Income

4 December 2023

New Research: Kepler Trust Intelligence

Result of AGM

09/12/2023 - 02:30

Ashoka India Equity Investment Tst

Transaction in Own Shares

09/12/2023 - 02:20

Smithson Investment Trust PLC

Temple Bar Investment Trust Plc - Transaction in Own Shares

08/12/2023 - 17:50

Temple Bar Investment Trust

Transaction in Own Shares

09/12/2023 - 02:10

Schroder BSC Social Impact Trust

Transaction in Own Shares

09/12/2023 - 02:10

Schroder AsiaPacific Fund PLC

Compass: The AIC’s monthly newsletter

Latest articles, press releases and videos

interactive investor wins AIC Shareholder Engagement Award for the third year in a row