Association of Investment Companies

The Association of Investment Companies (AIC) is the United Kingdom trade association for the closed-ended investment company industry.[1]

Association of Investment Companies
AbbreviationAIC
Formation1932; 92 years ago (1932)
TypeTrade association
Legal statusTrade body for closed-ended investment companies
Location
Region served
United Kingdom and Europe
Membership
350 members
Chief Executive
Richard Stone
FundingMembership fees
Websitewww.theaic.co.uk

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

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It was founded in 1932, and was owned by James Henry. It was previously called the Association of Investment Trust Companies.[citation needed]

References

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  1. ^ 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.
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