Association of Investment Companies


Vietnam Opportunity Fund Survives Attempt To Discontinue Trust

Markets - Published date: .

The VinaCapital Vietnam Opportunity fund has survived an attempt to discontinue the trust in a special resolution. Read more

Baillie Gifford UK Growth NAV Slumps 12% As Discount Widens

Markets - Published date: .

Baillie Gifford UK Growth trust has suffered a net asset value total return drop of 11.9% in the six months to 31 Octo... Read more

JLEN Environmental Assets Faces Potential Continuation Vote As Discount Persists

Markets - Published date: .

JLEN Environmental Assets Group may face a potential continuation vote at its next annual general meeting, as the trus... Read more

AIC Sets Out Proposals To Address Investment Trust Cost Disclosure Concerns

Markets - Published date: .

The Association of Investment Companies has put forward a proposal to address concerns about the current investment tr... Read more

European Opportunities Passes Continuation Vote In Face Of Shareholder Opposition

Markets - Published date: .

The embattled European Opportunities trust has successfully passed its continuation vote at its annual general meeting... Read more

AVI Global Sees 'fertile Hunting Ground' In UK Investment Trust Sector

Markets - Published date: .

AVI Global Trust is seeing “fertile hunting ground” in the UK investment trust sector, as it pushes to take an act... Read more

Deep Dive: Higher Cost Of Debt Raises Stakes For Investment Trusts Employing Gearing

Markets - Published date: .

The stakes for investment trusts employing gearing have significantly escalated now that borrowing costs are on the ri... Read more

Shareholder Activism And M&A Surge Is A Mixed Blessing For Investment Trust Sector

Markets - Published date: .

Discounts not seen since the Global Financial Crisis are driving a fresh surge in shareholder activism and M&A acr... Read more

Asia Dragon Assets Swell By Over £200m Following Abrdn New Dawn Merger

Markets - Published date: .

Asia Dragon (DGN) trust has seen its total assets grow by £214.7m following its merger with abrdn New Dawn (ABD). Read more

Abrdn Equity Income Flattens Management Fee

Markets - Published date: .

The board of the abrdn Equity Income (AEI) trust is flattening its management fee after reaching an agreement with its... Read more

Asia Dragon NAV Drops 16.7% As Merger Approaches

Markets - Published date: .

The abrdn Asian Dragon trust saw its share price drop 19.5% in its annual results, as it prepares to merge with the ab... Read more

Schiehallion Launches $20m Buyback Programme

Markets - Published date: .

The Schiehallion Fund is launching a buyback programme for up to £20m in a bid to narrow its widening discount to net... Read more

Digital 9 Infrastructure Weighs Divestment From Crown Jewel Verne Global

Markets - Published date: .

The board of Digital 9 Infrastructure (DGI9) is considering divesting its entire stake in Verne Global, following a sh... Read more

Greencoat UK Wind Boosts Annual Dividend And Launches £100m Buyback Scheme

Markets - Published date: .

Renewable infrastructure trust Greencoat UK Wind (UKW) will increase its annual dividend for the 2024 financial year, ... Read more

Asia Dragon Shareholders Greenlight Abrdn New Dawn Merger

Markets - Published date: .

The vast majority (99.9%) of Asia Dragon (DGN) shareholders have approved its proposed merger with the abrdn New Dawn ... Read more

Abrdn Diversified Income And Growth To Return Up To £35m To Shareholders

Markets - Published date: .

The board of abrdn Diversified Income and Growth (ADIG) will introduce an enhanced distribution programme to return up... Read more

Abrdn Asia Focus Manager Hugh Young To Retire After 43 Years

Markets - Published date: .

The manager of the abrdn Asia Focus (AAS) trust, Hugh Young, is set to retire at the end of this year, with analysts n... Read more

Deep Dive: MiFID II Could Open Path For A Nuclear Resurgence

Markets - Published date: .

The ingrained focus on sustainability built into EU investor protection policy MiFID II could see the nuclear power se... Read more

Round Hill Music Shareholders Give Green Light To $469m Concord Takeover

Markets - Published date: .

Shareholders of Round Hill Music Royalty fund have overwhelmingly voted in favour of the $468.8m cash offer made by Co... Read more

Syncona Launches £40m Share Buyback Programme

Markets - Published date: .

The Syncona (SYNC) investment trust has launched a £40m share buyback programme, after a capital allocation review. ... Read more