The Association of Investment Companies (AIC) is the United Kingdom trade association for the closed-ended investment company industry.[1]
| Abbreviation | AIC |
|---|---|
| Formation | 1932 |
| Type | Trade association |
| Legal status | Trade body for closed-ended investment companies |
| Location | |
Region served | United Kingdom and Europe |
Membership | 350 members |
Chief Executive | Richard Stone |
| Funding | Membership fees |
| Website | www |
The association represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies, REITs and Venture Capital Trusts (VCTs) that are traded on the London Stock Exchange, AIM, Specialist Fund Segment and Euronext.
History
editIt was founded in 1932, and was owned by James Henry. It was previously called the Association of Investment Trust Companies.[citation needed]
References
edit- ^ Lowe, Jenny (20 September 2010). "In the spotlight: Association of Investment Companies". FT Adviser. Archived from the original on 2011-07-11. Retrieved 2010-12-03.