Compass: The AIC's monthly newsletter

Compass is off to a whirlwind start as we consider Saba’s proposals. Ian Cowie weighs up trusts under Trump and our first ever fantasy fund manager competition is up and running.

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Meet the manager: Laura Foll

Manager of Law Debenture, Lowland Investment Company and Henderson Opportunities Trust.

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In search of lower charges

Lower charges than their open-ended counterparts give investment trusts an edge, says David Prosser.

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Rate cut could add fuel to investment trust recovery

Alternative asset classes particularly well placed to benefit.

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Students and graduates more confident about money than ever

Graduates now think they will pay back their student debt in just over ten years.

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Let loose

David Prosser looks forward to life after interest rate cuts.

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Prospectus changes to benefit investment company capital raising

The AIC responds to ‘Consultation on the new Public Offers and Admissions to Trading Regulations regime (POATRs).’

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Director talk: Alan Giles

Alan is a non-executive director of Murray Income Trust.

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Why now could be the time for UK smaller companies

Investment trust managers give views on opportunities under the new government.

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AIC updates and refreshes online educational programme

More than 200 people have now completed the Investment Company Accreditation.

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AIC welcomes government’s landmark pensions review

Investment companies can be part of the solution.

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So who’s right?

David Prosser asks what it means when one manager buys a stock while another sells.

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Investment companies can be a key enabler of growth

AIC welcomes focus on growth, investment and wealth creation in King’s Speech.

Thematic research

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

A new Jerusalem.

22 January 2025

Dividend increases and share buybacks are good news for UK equities according to our analysts - who think those dark Satanic mills could delivery world-beating returns.

Are commodities hot or not?

12 December 2024

We ask what AI and green energy mean for investments in commodities.

Quality will out

5 December 2024

Alternative income trusts offer diversification, but stick to high quality.

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VH Global Energy Infrastructure monitoring impact of tariffs on Mexico

VH Global Energy Infrastructure has issued a statement on the impact of tariffs on its Brownsville fuel terminals in Texas. The Brownsville plant imports oil slurry from Mexico and refines that into a useful product. If it has to pay an extra 25% tariff on the slurry that it imports, that would have a significant […]
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JPMorgan EMEA beats benchmark but still overshadowed by events in Russia

JPMorgan Emerging Europe Middle East and Africa has published results covering the 12 months ended 31 October 2024. Pleasingly, the trust beat its benchmark (S&P Emerging Europe, Middle East & Africa) by 1.7 percentage points, returning 13.6% on NAV to the index’s 11.9%. However, the share price continued its usual volatile and unpredictable path and […]
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QuotedData’s morning briefing 4 February 2025 – MGCI, BNKR, SRE, GPE

In QuotedData’s morning briefing 4 February 2025: M&G Credit Income (MGCI) is convening a meeting on 27 February to approve the issue of up to 31,002,226 shares (20% of its issued share capital). The company has already issued 9.6m shares since its AGM in 2024 and was running out of room to issue more. [It […]
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Saba loses Keystone Positive change too!

Keystone Positive Change says that at its general meeting, over 60% of the votes cast were against Saba’s requisitioned resolutions. Excluding the votes Saba cast in favour of its own requisitioned resolutions (representing 1,650,762 votes and approximately 38.87% of the votes cast), only a further 33,845 votes, representing just 0.80% of the votes cast, were […]
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Baillie Gifford US Growth sees off Saba by strong margin

Baillie Gifford trust becomes the second to win an initial victory against Boaz Weinstein's hedge fund firm.

Schroder Japan Trust

3 February 2025

SJG has outperformed the index in Masaki's first five years in charge.

Apax Global Alpha

31 January 2025

AGA passed inflexion point with deal activity rising.

Edinburgh Worldwide

31 January 2025

QuotedData's Weekly News Show - Douglas Brodie from Edinburgh Worldwide.

Baillie Gifford European Growth

30 January 2025

Kepler Trust Intelligence: New Research.

Invesco Asia

28 January 2025

A patient Asian champion.

Invesco Bond Income Plus Ltd - Portfolio Update

04/02/2025 - 12:00

Invesco Bond Income Plus

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BlackRock Income and Growth Investment Trust Plc - Compliance with Listing Rule 15.6.8R

04/02/2025 - 11:20

BlackRock Income & Growth

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Investment Company Holdings

04/02/2025 - 12:00

Hansa Investment Company Limited

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Top Ten Holdings

04/02/2025 - 12:00

Hansa Investment Company Limited

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Form 8.5 (EPT/RI)

04/02/2025 - 12:00

Singer Capital Markets Sec Ltd

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Glossary

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

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