Compass: The AIC's monthly newsletter

This month in Compass, we discover how to invest in SpaceX, Revolut and TikTok. Ian Cowie hunts for opportunities in Europe and we reveal the trusts that would have made you an ISA millionaire.

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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.

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Winners of the AIC Media Awards 2025

The awards recognise the journalists who have best educated private investors and financial advisers about investment companies.

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Asian emerging markets set to continue strong year

Investment trust managers point to global tech leaders and pro-growth policies.

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Investment trusts beat cash over 100% of ten-year periods during last 30 years

Our data demonstrates the power of stock market investing.

Thematic research

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

The ageing society – a structural shift investors cannot ignore

6 March 2026

Most investment themes depend on something going right: a technology gaining adoption, a policy being passed or economic growth accelerating. Ageing is different.

A galaxy of stars

6 March 2026

Despite its recent travails, the breadth and diversity of the investment trust universe is staggering.

Building the future

4 March 2026

Growth themes in infrastructure investment.

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As war rages, should you go “defensive” or “defence”?

After a fresh layer of instability was added to an already uneasy global geopolitical landscape last weekend, the moment has arrived for the more defensive investment companies to come into their own. As bombs continue to rain down on Iran and retaliatory strikes are felt across the Middle East, fears are growing that the war […]

Onward Opportunities eyes Main Market after rapid growth on AIM

Onward Opportunities Limited [LON:ONWD] is exploring a move to the main market of the London Stock Exchange, in a step that would mark the next stage in the rapid expansion of the small-cap investment trust since its launch less than three years ago.
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Alliance Witan says balance is important as AI caution sees multi-manager fund fall behind MSCI World index

Fear of an artificial intelligence (AI) bubble, an underweight position in banks such as JP Morgan and Goldman Sachs and a holding in struggling drinks giant Diageo cost Alliance Witan (ALW) dearly in 2025 as it underperformed the MSCI All Country World index for a second year in a row. The £4.8bn multi-manager trust, which […]
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Saba takes £96m stake in Allianz Technology and makes it one of eight holdings in its activist ETF

Saba Capital has opened a 5.2% position in Allianz Technology Trust (ATT) and included it in the activist hedge fund’s new active ETF targeting undervalued investments trusts. The New York based firm, which is battling to take control of Herald (HRI) and Impax Environmental Markets (IEM), holds most of the £96m ATT stake in total […]
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Saba takes stake in £1.8bn Allianz Technology Trust

It outperformed almost all other trusts and open-ended funds over the past decade but still trades on a 9.8% discount.

Foresight Environmental Infrastructure

6 March 2026

Powered by Many Sources.

Patria Private Equity

5 March 2026

Curated exposure to rebounding European PE.

HarbourVest Global Private Equity

5 March 2026

HarbourVest Global Private Equity (HVPE) – In Prime Position.

Foresight Environmental Infrastructure

4 March 2026

Building the future - Growth themes in infrastructure investment (FGEN)

Real Estate Credit Investments

4 March 2026

Manager presentation and Q&A.

Half-year Financial Report - December 2025

06/03/2026 - 17:59

JPEL Private Equity

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Transaction in Own Shares

06/03/2026 - 17:51

BlackRock Greater Europe

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Transaction in Own Shares

06/03/2026 - 17:45

F&C Investment Trust

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Transaction in Own Shares

06/03/2026 - 17:44

The European Smaller Companies Trust

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Transaction in Own Shares

06/03/2026 - 17:37

Fidelity Emerging Markets

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Glossary

What does that word mean? Find your way around investment trust jargon.

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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.