The European Commission has today announced it will delay the application date of the Insurance-Based Investment Products (Priips) regulation until 1 January 2018. This follows on the decision of the European Parliament to reject the secondary legislation Regulatory Technical Standards (RTS) on the Priips Key Information Document (Kid), as reported, in September. At the end […]
deVere Group, a global IFA, and the UK Association of Investment Companies, have both responded to the confirmation that the UK will trigger Article 50 negotiations by March 2017, by issuing warnings of the path facing investors. Nigel Green, CEO of deVere Group, says that investors are set to “dump” UK assets between now and […]
Figures from the UK Association of Investment Companies (AIC) suggest that net flows to listed investment companies (closed ended funds) via advisers and wealth managers using platforms rose over 100% to £260.8m in the second quarter this year, taking the annualised rate of purchases to a new high of £607.9m. The data even suggests that […]
The latest quarterly ranking of most viewed investment trusts on the member website of the UK Association of Investment Companies shows that over half, 11 out of 20, of the most viewed companies have an income focus. Also ranking highly are investment companies with a global focus. Some 40% of the 20 most viewed companies […]
Peel Hunt, the UK independent corporate broking, advisory and trading house, has published its inaugural research note on investment companies. The note comes after the appointment of Anthony Leatham in April, as head of Investment Companies Research, to build out an offering in this area. Leatham joined frmo Investect Wealth and Investment. The note – […]
The UK Association of Investment Companies, representing closed ended fund managers, has published comments from its members regarding the pending general election taking place on 7 May. Current polls predict the election will result in a so called hung parliament, and perhaps event a minority government being forced to call for support on an issue […]
Data published by the UK Association of Investment Companies (AIC) suggest that listed closed ended funds (investment companies) in the UK equity income sector have offered an annual dividend growth of some 4.82% over the past 20 years. The return is based on an investment of £100,000 made in the average sector constituent on 28 […]
Members of the Association of Investment Companies’ (AIC), the UK trade association representing listed closed ended funds, has appointed Rachel Beagles and Chris Hills to the board. The changes mean that the board in addition to Beagles and Hills constitutes: Peter Arthur (chairman), Melville Trimble (deputy chairman), Chris Fletcher, Peter Moffatt and Chris Russell. Andrew […]
With elections in France underway and Greece going to the polls on 6 May, the UK’s Association of Investment Companies polled managers of Europe funds for their views.
Research suggests team-managed investments are boosting fund performance in the UK.